turtle lake casino buffet(Image: Getty Images)In a note to clients today, Bain lowered his rating on the Encore operator to “neutral” from “buy,” while trimming his price target to .Namely, Sin City is now highly dependent on leisure travel from neighboring California.That’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.harrah s cherokee casino smokingOnly recently have there been most signs of a pickup in visits.Only recently have there been most signs of a pickup in visits.But Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.online blackjack legal california

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mgm casino clevelandThat implies downside from the area at which the stock currently resides.Only recently have there been most signs of a pickup in visits.“While structural elements for visitation improvements are advancing, we believe a VIP-led recovery will be less broad-based than many anticipate and carry specific risks,” said Bain.clearwater casino fanduelThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.But Bain argues Diller’s company may have paid too much for the privilegwhen will island view casino opene.But Bain sees risks by way of a lack of liquidity among high-end players, new room supply coming to market, and a dearth of Hong Kong dollars flowing into the gaming hub because travel remains limited between the two SARs.is mohegan sun casino open yet

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chumba casino arizonaBut 2020 is far from the usual climate for gaming companies.Some investors like Wynn stock due to Asia-Pacific exposure.But Bain argues Diller’s company may have paid too much for the privilegwhen will island view casino opene.But there are issues, there, too.But 2020 is far from the usual climate for gaming companies.Not Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, anwhen will island view casino opend the Encore, will account for 22 percent of 2022 EBITDA.river spirit casino free play