mohegan sun casino slot winners 2020Robert Fontenot of the Louisiana State Police.Too much dependence on its home market is a potential drag on MGM stock at a time when Las Vegas is still grappling with the effects of the coronavirus pandemic.These casinos were closed temporarily but have since reopened, according to Lt.turtle creek casino pokerSoft air travel, group/event compoxford casino gamesression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.An analyst is concerned about the operator’s exposure to its home city.“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.doubledown casino 10 million free chips promo code

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borgata online casino bonus”With convention traffic all but non-existent and leisure travelers from other regions unwilling to fly to Nevada, the Roth analyst points to Sin City’s dependence on the Golden State as a major near-term vulnerability because California’s own economy is struggling and is home to steep unemployment, owing to the COVID-19 pandemic.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.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.hallmark casino free chip 2021An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.aliante casino presidential suite

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cashman casino promo codes“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.“The cyclical, competitive, capital-intensive nature of the Strip combines with a basket of well-known macro/specific travel and Las Vegas negatives, seemingly dismissed by investors since IAC took a 12oxford casino games percent stake in MGM,” said the analyst.An analyst is concerned about the operator’s exposure to its home city.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.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.The boat is not taking on water and is safe, he told Casino.sycuan casino win lob statement