2025.11.02
free casino slot games with bonus for fun(Image: Ethan Miller/Getty Images)In a note to clients today, Roth Capital analyst David Bain lowered his rating on the Bellagio operator to “neutral” from “buy,” while paring his price forecast on the stock to , implying significant downside from the area at which it currently trades.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.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.casino z no deposit bonusAn analyst is concerned about the operator’s exposure to its home city.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.bet n spin casino no deposit bonus four winds casino kid questparx casino online pokerBut 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. in the Lake Charles area were damaged in the Category 4 hurricane.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.lake tahoe casino restrictionsToo much dependence on its home market is a potential drag on MGM stock at a time when Las Vegas is still grappling with the effects of the coronavirus pandemic.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.Too much dependence on its home market is a potential drag on MGM stock at a time when Las Vegas is still grappling with the effects of the coronavirus pandemic.online casino you can win real money bicycle casino employee portalcall tachi palaceThat’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.1 billion in cash, giving it its strongest balance sheet ever.Too much dependence on its home market is a potential drag on MGM stock at a time when Las Vegas is still grappling with the effects of the coronavirus pandemic.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.That implies downside from the area at which the stock currently resides.An analyst is concerned about the operator’s exposure to its home city.cliff castle casino thanksgiving 2021 black bear casino vaccine |