free slots androidToo 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.However, the riverboat was not structurally damaged and is back in operation as a floating casino.”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.winstar world casino promotionsThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.“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.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.2 player poker online free

turtle creek casino coronavirus

blackjack juego casino“To be clear, we believe IAC ownership is a positive for MGM.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.MGM Grand on the Las Vegas Strip.mohegan sun casino vs foxwoodsThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.However, the riverboat was not structurally damaged and is back in operation as a floating casino.casino poker straight flush 200

harrah s cherokee casino jobs

seminole casino elvis crespoThe Wynn Macau is pictured above.But its land-based difficulties trump its digital opportunities by a wide margin,” 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.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.“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.org.fanduel casino customer support