1 casino richmondWithout a coronavirus vaccine readBut 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.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.free blackjack casino gamesRisky BusinessBy Bain’s estimate, Wynn derives 68 percent of its earnings before interest, taxes, depreciation and amortization (EBITDA) from the world’s largest gaming center, adjusting for its ownership stake in Wynn Macau.The Wynn Macau is pictured above.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.call boomtown casino

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jackson rancheria casino buffet open“Given the lack of domestic/international travel, lack of near/intermediate-term group and business events, the beginning of a long Las Vegas recovery is currently levered to California leisure traffic, which offers little visibility/reason for investor enthusiasm,” said Bain.Now, MGM has .An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.lake tahoe winter casinosWithout a coronavirus vaccine readBut 2020 is far from the usual climate for gaming companies.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.big fish casino rigged

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