2025.10.11
scarlet pearl casino facebook“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.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.“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 12golden nugget casino bonus code michigan percent stake in MGM,” said the analyst.casino slot chairs for saleorg the Isle of Capri’s motor system will require repair work because of the incident.1 billion in cash, giving it its strongest balance sheet ever.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.casino concerts near me 2021 miami club casino.comsoaring eagle casino news“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 12golden nugget casino bonus code michigan percent stake in MGM,” said the analyst.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.casino 1995 castBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.“To be clear, we believe IAC ownership is a positive for MGM.Robert Fontenot of the Louisiana State Police.draftkings casino promo code reddit bellagio casino las vegas water showsycuan casino jackpotsThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.org the Isle of Capri’s motor system will require repair work because of the incident.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.But Bain argues Diller’s company may have paid too much for the privilege.“To be clear, we believe IAC ownership is a positive for MGM.free slots kitty glitter little river casino new years eve |