2025.09.12
river spirit casino fightsLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.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.“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 12roulette casino online percent stake in MGM,” said the analyst.yocha dehe at cache creek casino resortThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.org.These casinos were closed temporarily but have since reopened, according to Lt.cache creek casino win lob statement mega 7 online casinofanduel casino error mebageNow, MGM has .(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.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.golden nugget casino telephone number(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.Soft air travel, group/event comproulette casino onlineression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.An analyst is concerned about the operator’s exposure to its home city.2400 free igt casino slot games eilers krejcik u.s. online casino trackersilver oak casino reviewNow, MGM has .“To be clear, we believe IAC ownership is a positive for MGM.org the Isle of Capri’s motor system will require repair work because of the incident.(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.The Wynn Macau is pictured above.”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.bellagio casino water show times free casino slot games for fun offline |