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sam s town casino hotel shreveportBain added that Wynn has less exposure to the Cotai Strip than rivals Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO), a relevant point because border expansions and new capacity could drive traffic to that area of Macau.The 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.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.slot hunter casinoBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.That’s fine in a normal operating environment, and it’s exposure that’s served Wynn investors well over the years.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.slot cashman casino thunder valley casino free slot playreal online casino no deposit bonus codesShares 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.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.(Image: Getty Images)In a note to clients today, Bain lowered his rating on the Encore operator to “neutral” from “buy,” while trimming his price target to .bovada casino poker1 billion in cash, giving it its strongest balance sheet ever.But Bain argues Diller’s company may have paid too much for the privilegwhen will island view casino opene.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.palace station casino hotel room santa ana casino hotel phone numberriverwind casino drinksThat implies downside from the area at which the stock currently resides.“To be clear, we believe IAC ownership is a positive for MGM.But 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.(Image: Getty Images)In a note to clients today, Bain lowered his rating on the Encore operator to “neutral” from “buy,” while trimming his price target to .Without a coronavirus vaccine readWithout a coronavirus vaccine readriver spirit casino oklahoma seminole casino hotel |