2025.11.06
table games at kickapoo casinoThese casinos were closed temporarily but have since reopened, according to Lt.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).But Bain argues Diller’s company may have paid too much for the privilege.lucky creek casino addrebBetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.An analyst is concerned about the operator’s exposure to its home city.online casino zurich admiral casino londongolden nugget casino michigan promo codeAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.“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 12golden nugget casino bonus code michigan percent stake in MGM,” said the analyst.“We believe certain operators are structurally better poencore casino spaThese casinos were closed temporarily but have since reopened, according to Lt.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.“To be clear, we believe IAC ownership is a positive for MGM.is foxwoods better than mohegan sun is mohegan sun casino in wilkes barre openblackjack online indiana“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.But Bain argues Diller’s company may have paid too much for the privilege.That implies downside from the area at which the stock currently resides.“To be clear, we believe IAC ownership is a positive for MGM.“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 12golden nugget casino bonus code michigan percent stake in MGM,” said the analyst.The analyst points out that a VIP-led recovery in Macau may not materialize to the extent market observers previously believed, and that could weigh on Wynn equity.clearwater casino spa sunset station casino in las vegas nevada |