angel of the winds casino slot machinesThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.“To be clear, we believe IAC ownership is a positive for MGM.But 2020 is far from the usual climate for gaming companies.boomtown casino addrebThe analyst points out that a VIP-led recovery in Macau may not materialize to the extent market observers previously believed, and that could weigh on Wynn equity.Some investors like Wynn stock due to Asia-Pacific exposure.Shares of Wynn Resorts (NASDAQ:WYNN) are lower by more than two percent Wednesday after Roth Capital analyst David Bain downgraded the gaming operator, citing, among other factors, risk in the marquee Macau market.viejas casino wiki

1 dollar deposit online casino usa

tachi palace casino entertainment centerBut Bain is concerned that the lack of real estate levers to pull means the operator is too levered to Las Vegas, and investors may be overlooking that risk.No Real Estate, More VolatilityLast year, MGM sold Bellagio and Circus Circus, and the real estate liquidation theme continued into January, as the operator parted with MGM Grand and Mandalay Bay on the Strip.(Image: Getty Images)In a note to clients today, Bain lowered his rating on the Encore operator to “neutral” from “buy,” while trimming his price target to .online casino no deposit bonus december 20201 billion in cash, giving it its strongest balance sheet ever.But Bain is concerned that the lack of real estate levers to pull means the operator is too levered to Las Vegas, and investors may be overlooking that risk.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.free vegas slot machine games 457

river spirit casino new building

mohegan sun casino youtube“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau island view casino webcamgaming market than Wynn.”Risks mentioned by the Roth analyst include ongoing geopolitical volatility between the US and China, and concession renewal risk for US operators in Macau, among others.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.“To be clear, we believe IAC ownership is a positive for MGM.Namely, Sin City is now highly dependent on leisure travel from neighboring California.“While structural elements for visitation improvements are advancing, we believe a VIP-led recovery will be less broad-based than many anticipate and carry specific risks,” said Bain.brian christopher slots yesterday