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desert diamond casino glendale hoursBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.Now, MGM has .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.ellis island hotel and casino vegasThe 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.That’s because investors are enthusiastic about Diller’s reputation for helping small consumer online assets become internet behemoths.That’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.rsweeps casino online free slots quick hit platinumfree online poker multiplayerBut there are issues, there, too.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.That’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.viejas casino willows spaNo 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.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.Wynn Macau and Wynn Palace, along with the special administrative region’s (SAR) other casinos, were closed for 15 days in February because of the coronavirus pandemic.sunset station casino gift shop river spirit casino expansiononline casino real money rouletteSome investors like Wynn stock due to Asia-Pacific exposure.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.Only recently have there been most signs of a pickup in visits.That’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.Shares 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.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.clearwater casino camping 7 casino slots |