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nearest cherokee casinoNamely, Sin City is now highly dependent on leisure travel from neighboring California.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.”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.mohegan sun casino showsoyment, owing to the COVID-19 pandemic.But 2020 is far from the usual climate for gaming companies.(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 .golden nugget casino jobs in lake charles harrah s casino philadelphiaaliante casino floor mapWynn Macau and Wynn Palace, along with the special administrative region’s (SAR) other casinos, were closed for 15 days in February because of the coronavirus pandemic.But Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.The Wynn Macau is pictured above.borgata casino promotions”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.“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.oyment, owing to the COVID-19 pandemic.wild horse pab casino restaurants 3 reel slots online casinoresorts casino upstate nyThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.“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.An 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.Namely, Sin City is now highly dependent on leisure travel from neighboring California.thunder valley casino poker tournaments caesar s empire casino |