2025.09.14
raging bull casino reviewsThe stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.“To be clear, we believe IAC ownership is a positive for MGM.foxwoods online codesRaining 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.”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.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.desert diamond casino west valley poker room fanduel casino blackjack not workingphone number viejas casinoBut Bain argues Diller’s company may have paid too much for the privilege.“We believe certain operators are structurally better poBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.soaring eagle casino and resort concertsNo 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.“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.Robert Fontenot of the Louisiana State Police.wild horse pab casino hiring angel of the winds casino showsqueen spins casino no deposit bonusThe 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.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).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.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.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.MGM Grand on the Las Vegas Strip.mohegan sun casino contact number hard rock casino lake tahoe food |