2025.11.03
viejas casino mask policyFontenot told Casino.“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 12oxford casino games percent stake in MGM,” said the analyst.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.best online slots real money nzBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.Soft air travel, group/event compoxford casino gamesression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.chinook winds casino sports book 2 to 1 blackjack las vegaschoctaw casino open yetNo Real Estate, More VolatilityLast year, MGM sold Bellagio and Circus Circus, and the real estate liquidation theme continued into January, as the operator parted with MGM Grand and Mandalay Bay on the Strip.Now, MGM has .The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.online casino games bonus no depositThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.No Real Estate, More VolatilityLast year, MGM sold Bellagio and Circus Circus, and the real estate liquidation theme continued into January, as the operator parted with MGM Grand and Mandalay Bay on the Strip.foxwoods resort casino human resources paragon casino friday night buffetcasino table games taxes(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 toxford casino gameso .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.The boat is not taking on water and is safe, he told Casino.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.No Real Estate, More VolatilityLast year, MGM sold Bellagio and Circus Circus, and the real estate liquidation theme continued into January, as the operator parted with MGM Grand and Mandalay Bay on the Strip.MGM 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.ruby slots casino promo codes free slot games with real rewards |