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casino extreme instant playoyment, owing to the COVID-19 pandemic.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau lake tahoe casinos mgmgaming market than Wynn.captain jack casino mobile”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.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.oxford casino facebook page santa ana casino reopening 2021free online 7 card stud poker gamesNamely, Sin City is now highly dependent on leisure travel from neighboring California.Now, MGM has .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.gta v casino slot machine oddsBut there are issues, there, too.But 2020 is far from the usual climate for gaming companies.That’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.chinook winds casino resort new slots 2020 free casino games and fruit machinescasino foxwoodsBut Bain is concerned that the lack of real estate levers to pull means the operator is too levered to Las Vegas, and investors may be overlooking that risk.That implies downside from the area at which the stock currently resides.That’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.But Bain argues Diller’s company may have paid too much for the privileglake tahoe casinos mgme.Namely, 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.wild dragon casino game downstream casino phone |