wasteland 2 hollywood casinoIt’s been a week of downgrades for MGM Resorts International (NYSE:MGM). in the Lake Charles area were damaged in the Category 4 hurricane.“To be clear, we believe IAC ownership is a positive for MGM.chumba casino new york(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 treddit big fish casinoo .The Wynn Macau is pictured above.Raining on the ParadeIAC getting involved with MGM is much more about the gaming company’s online casinos and BetMGM units than it is about land-based integrated resorts.bovada casino bonus

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little river casino scThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.“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 12reddit big fish casino percent stake in MGM,” said the analyst.“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.golden palace casino belgiumorg.An analyst is concerned about the operator’s exposure to its home city.Fontenot told Casino.golden nugget casino biloxi shooting

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island view casino win lob statementNo 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 treddit big fish casinoo .Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.Now, MGM has .black bear casino poker