2025.12.19
choctaw casino hotel dealsThe Wynn Macau is pictured above.The Wynn Macau is pictured above.(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 .firekeepers online casino sign up bonusThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.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.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.royal ace casino coupon codes doubledown casino cheat enginejamul casino table gamesRisky BusinessBy Bain’s estimate, Wynn derives 68 percent of its earnings before interest, taxes, depreciation and amortization (EBITDA) from the world’s largest gaming center, adjusting for its ownership stake in Wynn Macau.That implies downside from the area at which the stock currently resides.Risky BusinessBy Bain’s estimate, Wynn derives 68 percent of its earnings before interest, taxes, depreciation and amortization (EBITDA) from the world’s largest gaming center, adjusting for its ownership stake in Wynn Macau.no deposit bonus red dog casinoAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau royal ace casino free spins no depositgaming market than Wynn.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.lake tahoe 18+ casino resorts casino vegasis hallmark casino legitAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.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.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.”Risks mentioned by the Roth analyst include ongoing geopolitical volatility between the US and China, and concession renewal risk for US operators in Macau, among others.But Bain argues Diller’s company may have paid too much for the privilegroyal ace casino free spins no deposite.But 2020 is far from the usual climate for gaming companies.intertops casino legit tachi palace casino discount code |