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silver oak casino 200 no deposit bonusAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.Namely, Sin City is now highly dependent on leisure travel from neighboring California.river spirit casino facebookAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.Without a coronavirus vaccine read(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 .winstar world casino and resort texas chukchansi casino weatherharrah s cherokee casino age”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.But 2020 is far from the usual climate for gaming companies.The Wynn Macau is pictured above.free online video slotsAdditionally, 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.Raining on the ParadeIAC getting involved with MGM is much more about the gaming company’s online casinos and BetMGM units than it is about land-based integrated resorts.twin river casino construction bellagio hotel and casino jobsvalley forge casino jackpot winnersThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.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.Now, MGM has .Now, MGM has .Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.“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.seven feathers casino jobs walmart near boulder station casino |