firekeepers casino mobile app(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 .“To be clear, we believe IAC ownership is a positive for MGM.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.is hollywood casino in lawrenceburg indiana open“Given the lack of domestic/international travel, lack of near/intermediate-term group and business events, the beginning of a long Las Vegas recovery is currently levered to California leisure traffic, which offers little visibility/reason for investor enthusiasm,” said Bain.(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 .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.slot madneb casino

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mountaineer casino wikiThat’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.poker online free casino world“To be clear, we believe IAC ownership is a positive for MGM.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.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.black bear casino buffet crab legs

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online casino 666Without a coronavirus vaccine read“Given the lack of domestic/international travel, lack of near/intermediate-term group and business events, the beginning of a long Las Vegas recovery is currently levered to California leisure traffic, which offers little visibility/reason for investor enthusiasm,” said Bain.Without a coronavirus vaccine read”Risks mentioned by the Roth analyst include ongoing geopolitical volatility between the US and China, and concession renewal risk for US operators in Macau, among others.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.resorts casino atlantic city addreb