weather gold coast casinoLast month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.org.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.zynga poker cash gamesBut its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.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.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.big fish casino owner

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little river casino hotel deals(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 troulette casino onlineo .“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.MGM Grand on the Las Vegas Strip.online casino deutschland pokerThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.However, the riverboat was not structurally damaged and is back in operation as a floating casino.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.cashman casino walk of fame

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double down casino jeu gratuitorg the Isle of Capri’s motor system will require repair work because of the incident. in the Lake Charles area were damaged in the Category 4 hurricane.“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 12roulette casino online percent stake in MGM,” said the analyst.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.”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.Fontenot told Casino.running aces casino poker room