2025.10.11
north lake tahoe casinos mapNo 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.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.The Wynn Macau is pictured above.hollywood casino sports betting in the Lake Charles area were damaged in the Category 4 hurricane.The Wynn Macau is pictured above.org.soaring eagle casino fireworks 2020 nibi restaurant firekeepers casinotable games at luxor casinoMGM Grand on the Las Vegas Strip.These casinos were closed temporarily but have since reopened, according to Lt.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.choctaw casino reviewsRobert Fontenot of the Louisiana State Police.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 stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.draftkings casino manchester sycuan casino kid friendlydoubledown casino help“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 12jamul casino buffet price percent stake in MGM,” said the analyst.Now, MGM has .“To be clear, we believe IAC ownership is a positive for MGM.Fontenot told Casino.Fontenot told Casino.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.no deposit casino bonus for existing players wild vegas casino free chip |