2025.09.17
golden nugget casino ac(Image: Pinterest)Shares of the Mirage operator resided around in earbrian christopher slots wikily August, and are trading around today.That’s an impressive rally, to be sure.But Goldman analyst Stephen Grambling sees it as a case of too much, too soon.cliff castle casino sports betting”We anticipate a slower recovery in Las Vegas, which will drive downside to consensus estimates, and fundamental underperformance relative to peers,” he said in a note to clients.Some go so far as to say a coronavirus vaccine is necessary to lure business and leisure travelers back to the casino hub.In its home market, MGM is grappling with a scenario of dual misery: Lost convention traffic in the wake of the coronavirus, and reluctance on behalf of many leisure travelers to get on abrian christopher slots wikiirplanes.new online casino real money foxwoods fox tower casinonew harrah s casino in nc“While MGM is re-rating off of lows, we see the rally as unwarranted, given lower exposure to the outperforming regional segment, only partial ownership of digital, higher exposure to group/convention mix, which we believe will recover slowly; and lowest mobility metrics/highest COVID-19 case count over the past two weeks,” he said.“While MGM is re-rating off of lows, we see the rally as unwarranted, given lower exposure to the outperforming regional segment, only partial ownership of digital, higher exposure to group/convention mix, which we believe will recover slowly; and lowest mobility metrics/highest COVID-19 case count over the past two weeks,” he said.Don’t Believe the HypeMGM is the largest operator on the Las Vegas Strip, and recent price action in the stock signals a travel rebound to the biggest domestic gaming market that hasn’t yet materialized.firekeepers casino free online gamesVegas Vic has been on the street since 1951 and is still there.Compounding that problem for MGM investors is that Goldman’s Grambling believes Michigan and New Jersey – where the operator runs MGM Grand Detroit and the Borgata – are also in the “slow to recover” category.The Mirage Las Vegas is open for business, but Goldman Sachs is bearish on MGM stock.blackjack online illinois nearest mgm casinois the casino in queens openAs such, Goldman’s Grambling said the recent move in the stock is overdone.She also has on her tall, trademark cowgirl hat and decorative boots.Portions of Fremont Street, including where Circa is being constructed, were closed to traffic and turned into a canopied pedestrian mall 26 years ago.The casino later became a strip club, but the sign remained at that site until 2017.The casino later became a strip club, but the sign remained at that site until 2017.As such, Goldman’s Grambling said the recent move in the stock is overdone.is paragon casino open sam s town casino hotel shreveport |