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z poker gamesThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.“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 12 percent stake in MGM,” said the analyst.roulette casino 80 cmThat’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.Namely, Sin City is now highly dependent on leisure travel from neighboring California.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.valley forge casino baseball card show golden nugget casino rewardsseminole casino miami florida(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 .Bain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.brian christopher slots tonightThat implies downside from the area at which the stock currently resides.Not Loving Las Vegas, EitherThe analyst forecasts Las Vegas, where Wynn owns its namesake integrated resort, anencore casino buffet opend the Encore, will account for 22 percent of 2022 EBITDA.The Wynn Macau is pictured above.seven feathers casino rv park morongo casino from hereviejas casino live musicBetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.“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.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.Without a coronavirus vaccine readOnly recently have there been most signs of a pickup in visits.“To be clear, we believe IAC ownership is a positive for MGM.sycuan casino hotel rooms cliff castle casino slots |