2025.09.15
roulette casino prix“We believe certain operators are structurally better poNow, MGM has .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.live 345 casinoThe Wynn Macau is pictured above.The Wynn Macau is pictured above.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.casino schenectady black lotus casino no deposit bonusoxford casino near meThat helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.org the Isle of Capri’s motor system will require repair work because of the incident.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.cache creek casino concertsAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.“To be clear, we believe IAC ownership is a positive for MGM.”With convention traffic all but non-existent and leisure travelers from other regions unwilling to fly to Nevada, the Roth analyst points to Sin City’s dependence on the Golden State as a major near-term vulnerability because California’s own economy is struggling and is home to steep unemployment, owing to the COVID-19 pandemic.boomtown casino biloxi rv park harrah s cherokee casino briono deposit bonus casino offersNo 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.An analyst is concerned about the operator’s exposure to its home city.Fontenot 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.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.“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.brian christopher slots most recent lucky creek casino match bonus |