seminole casino winnersShares 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.”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.MGM Grand on the Las Vegas Strip.winstar world casino non smokingRobert Fontenot of the Louisiana State Police.MGM Grand on the Las Vegas Strip.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.is bovada casino legit

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casino hotel nycorg the Isle of Capri’s motor system will require repair work because of the incident.No 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.”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.MGM Grand on the Las Vegas Strip.MGM is the largest operator on the Strip, deriving half its 2019 earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) from that market, according to Bain.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.resorts casino logo