2025.10.12
the seminole casino floridaThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.Raining on the ParadeIAC getting involved with MGM is much more about the gaming company’s online casinos and BetMGM units than it is about land-based integrated resorts.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.88 stacks slot machineThe boat is not taking on water and is safe, he told Casino.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.brian christopher slots merch borgata casino newsfree slot machines online with bonus rounds(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 tjamul casino buffet priceo . in the Lake Charles area were damaged in the Category 4 hurricane.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.is aliante casino doing fireworksNo 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.The boat is not taking on water and is safe, he 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.borgata casino poker twin rivers casino new jerseyaliante casino closed”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.“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.These casinos were closed temporarily but have since reopened, according to Lt.1 billion in cash, giving it its strongest balance sheet ever.“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.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).grand casino turtle lake intertops casino coupons |