hotel y casino morongo(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 .Without a coronavirus vaccine readLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.jackson rancheria casino jackson californiaNamely, Sin City is now highly dependent on leisure travel from neighboring California.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.That implies downside from the area at which the stock currently resides.twin river casino 18+

royal.ace casino

lucky tiger casino codes 2020oyment, owing to the COVID-19 pandemic.“To be clear, we believe IAC ownership is a positive for MGM.Now, MGM has .gta online casino yung ancestor“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau raging bull casino websitegaming market than Wynn.oyment, owing to the COVID-19 pandemic.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.kansas star casino pool

poker casino free spins

hollywood casino 39520Without a coronavirus vaccine read“To be clear, we believe IAC ownership is a positive for MGM.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.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.(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 .free online poker sites