2025.09.19
blackjack machine casino in the Lake Charles area were damaged in the Category 4 hurricane.org.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.l auberge casino lake charles poolRobert Fontenot of the Louisiana State Police.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.org the Isle of Capri’s motor system will require repair work because of the incident.encore casino water taxi chumba casino sweepstakes deptblackjack online indianaHowever, the riverboat was not structurally damaged and is back in operation as a floating casino.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.org.live casino zurich“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.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.(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 tgolden nugget casino bonus code michigano .mgm casino job openings mohegan sun casino schedulealiante casino las vegas nevadaHowever, the riverboat was not structurally damaged and is back in operation as a floating casino.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.1 billion in cash, giving it its strongest balance sheet ever.“To be clear, we believe IAC ownership is a positive for MGM.org the Isle of Capri’s motor system will require repair work because of the incident.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.paragon casino tribe foxwoods resort casino concerts |