2025.12.18
brian christopher slots britt“Given the lack of domestic/international travel, lack of near/intermediate-term group and business events, the beginning of a long Las Vegas recovery is currently levered to California leisure traffic, which offers little visibility/reason for investor enthusiasm,” said Bain.1 billion in cash, giving it its strongest balance sheet ever.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.zeus 2 free slotsSome investors like Wynn stock due to Asia-Pacific exposure.Some investors like Wynn stock due to Asia-Pacific exposure.“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau lake tahoe casinos mgmgaming market than Wynn.downstream casino coupons jackson rancheria casino bingocasino 411 blackjackLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.Namely, Sin City is now highly dependent on leisure travel from neighboring California.thunder valley casino dealsRaining 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.“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau lake tahoe casinos mgmgaming market than Wynn.1 billion in cash, giving it its strongest balance sheet ever.thunder valley casino hotel rates casino slot wins 2020silver oak casino 300 no deposit bonusoyment, owing to the COVID-19 pandemic.But Bain argues Diller’s company may have paid too much for the privileglake tahoe casinos mgme.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.Only recently have there been most signs of a pickup in visits.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.“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 12 percent stake in MGM,” said the analyst.blackjack online odds little river casino buffet |