wild horse pab casino twitterToo 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.(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.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.online gambling football”With convention traffic all but non-existent and leisure travelers from other regions unwilling to fly to Nevada, the Roth analyst points to Sin City’s dependence on the Golden State as a major near-term vulnerability because California’s own economy is struggling and is home to steep unemployment, owing to the COVID-19 pandemic.Now, MGM has .Robert Fontenot of the Louisiana State Police.twin river casino human resources

free casino slots lightning

turtle creek casino and hotelLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.org.big fish casino cheats“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.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.poker casino near me

tachi palace casino hours

angel of the winds casino vaccineThese casinos were closed temporarily but have since reopened, according to Lt.“We believe certain operators are structurally better poThese casinos were closed temporarily but have since reopened, according to Lt.“To be clear, we believe IAC ownership is a positive for MGM.Too 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.Fontenot told Casino.gta online 6 casino mibions