buffalo gold slots online real moneyShares 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.org.The analyst points out that a VIP-led recovery in Macau may not materialize to the extent market observers previously believed, and that could weigh on Wynn equity.free casino bonus no deposit neededBut 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.”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.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.call seneca niagara casino

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morongo casino oasis poolBut Bain argues Diller’s company may have paid too much for the privilege.However, the riverboat was not structurally damaged and is back in operation as a floating casino.“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 12hard rock casino lake tahoe arcade percent stake in MGM,” said the analyst.hard rock online casino no deposit bonus codes“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.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.”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.draftkings casino welcome bonus

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chukchansi casino police takeoverHowever, the riverboat was not structurally damaged and is back in operation as a floating casino.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.The Wynn Macau is pictured above.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.“We believe certain operators are structurally better poBetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.viejas casino directory