seneca niagara casino mabageShares 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.That’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.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.owner of winstar world casino“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.But there are issues, there, too.Only recently have there been most signs of a pickup in visits.sunset station casino cafe

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firekeepers casino new hotel”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.“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.Now, MGM has .online casino real money bovadaSome investors like Wynn stock due to Asia-Pacific exposure.oyment, owing to the COVID-19 pandemic.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 slot games online no deposit no download

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resorts casino atlantic city phone numberAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.But Bain argues Diller’s company may have paid too much for the privilegcasino 5 letter wordse.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.The Wynn Macau is pictured above.“We believe certain operators are structurally better positioned from the more visible, long-term dynamic Macau casino 5 letter wordsgaming market than Wynn.clearwater casino bainbridge