2025.10.07
jumer s casino table games1 billion in cash, giving it its strongest balance sheet ever.“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.org.phone number for golden nugget casinoShares 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.Soft air travel, group/event comphard rock casino lake tahoe arcaderession, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.“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 12hard rock casino lake tahoe arcade percent stake in MGM,” said the analyst.coolcat casino bonus code roulette wheel winningsslot casino in los angeles“To be clear, we believe IAC ownership is a positive for MGM.But 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.But 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.free casino slot machine games to play“We believe certain operators are structurally better poThat implies downside from the area at which the stock currently resides.However, the riverboat was not structurally damaged and is back in operation as a floating casino.free slots games desert diamond casino loginchinook winds casino beach camToo much dependence on its home market is a potential drag on MGM stock at a time when Las Vegas is still grappling with the effects of the coronavirus pandemic.“To be clear, we believe IAC ownership is a positive for MGM.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic. in the Lake Charles area were damaged in the Category 4 hurricane.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.crazy 4 poker free online intertops casino ndb |