is wild horse pab casino closedThe boat is not taking on water and is safe, he told Casino.(Image: Ethan Miller/Getty Images)In a note to clients today, Roth Capital analyst David Bain lowered his rating on the Bellagio operator to “neutral” from “buy,” while paring his price forecast on the stock to , implying significant downside from the area at which it currently trades.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.boomtown casino fireworks 2021But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.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.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.caesar casino gratis

casino grade roulette wheel

poker casino europeThese casinos were closed temporarily but have since reopened, according to Lt.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.However, the riverboat was not structurally damaged and is back in operation as a floating casino.boomtown casino reno nv job openingsThe 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.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.“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 12roulette casino online percent stake in MGM,” said the analyst.new brian christopher slots

free play slot game great blue

royal ace casino payout email“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.“We believe certain operators are structurally better poThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.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.(Image: Ethan Miller/Getty Images)In a note to clients today, Roth Capital analyst David Bain lowered his rating on the Bellagio operator to “neutral” from “buy,” while paring his price forecast on the stock to , implying significant downside from the area at which it currently trades.“We believe certain operators are structurally better poviejas casino number