golden nugget laughlin hotel casino laughlin nv usa(Image: Ethan Miller/Getty Images)In a note to clients today, Roth Capital analyst David Bain lowered his rating on the Bellagio operator to “neutral” from “buy,” while paring his price forecast on the stock to , implying significant downside from the area at which it currently trades.(Image: Ethan Miller/Getty Images)In a note to clients today, Roth Capital analyst David Bain lowered his rating on the Bellagio operator to “neutral” from “buy,” while paring his price forecast on the stock to , implying significant downside from the area at which it currently trades.1 billion in cash, giving it its strongest balance sheet ever.poker casino del solMGM is the largest operator on the Strip, deriving half its 2019 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) from that market, according to Bain.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.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.red stag no deposit code

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harrah s casino oklahoma cityShares 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.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.free casino slot games 2020“We believe certain operators are structurally better poSoft air travel, group/event compreddit big fish casinoression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.org the Isle of Capri’s motor system will require repair work because of the incident.casino pier hours

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firekeepers casino kalamazoo mi“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. in the Lake Charles area were damaged in the Category 4 hurricane.But Bain argues Diller’s company may have paid too much for the privilege.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).org.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.oxford casino number