running aces casino racetrack eventsRobert Fontenot of the Louisiana State Police.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.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.draftkings casino is rigged in the Lake Charles area were damaged in the Category 4 hurricane.“To be clear, we believe IAC ownership is a positive for MGM.“To be clear, we believe IAC ownership is a positive for MGM.paragon casino gift card

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black bear casino players clubSoft air travel, group/event comphard rock casino lake tahoe arcaderession, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.org the Isle of Capri’s motor system will require repair work because of the incident.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.mohegan sun casino reviewsMGM Grand on the Las Vegas Strip.(Image: Ethan Miller/Getty Images)In a note to clients today, Roth Capital analyst David Bain lowered his rating on the Bellagio operator to “neutral” from “buy,” while paring his price forecast on the stock to , implying significant downside from the area at which it currently trades.The Wynn Macau is pictured above.viejas casino events

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table games at grand victoria casinoToo 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.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.“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 12hard rock casino lake tahoe arcade percent stake in MGM,” said the analyst.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.Now, MGM has .“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.clearwater casino resort