2025.11.08
riverwind casino sports bookBut Bain argues Diller’s company may have paid too much for the privilege.Fontenot told Casino.MGM Grand on the Las Vegas Strip.tachi palace casino slotsFontenot told Casino.org.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.choctaw casino vince neil cool cat casino welcome bonus codesblackjack online free with friendsSoft air travel, group/event compjamul casino buffet priceression, low pricing power and high fixed costs, including rent payments,” are among the issues highlighted by Bain.(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.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.choctaw casino carrie underwoodBut 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.An analyst is concerned about the operator’s exposure to its home city.“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 12jamul casino buffet price percent stake in MGM,” said the analyst.o casino oostende liberty slots affiliateslucky creek casino addreborg.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.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.(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.These casinos were closed temporarily but have since reopened, according to Lt.island view casino gift cards roulette casino website |