pechanga casino mask policyBain 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.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.doubledown casino free slotsThe 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.“To be clear, we believe IAC ownership is a positive for MGM.The Wynn Macau is pictured above.no deposit bonus codes yabby casino

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intertops casino red promo codeBut 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.“To be clear, we believe IAC ownership is a positive for MGM.Some investors like Wynn stock due to Asia-Pacific exposure.online casino canada real money jackpot cityBut 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.But there are issues, there, too.But there are issues, there, too.free slots to play for fun

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win real money online casino united statesAn analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.Wynn Macau and Wynn Palace, along with the special administrative region’s (SAR) other casinos, were closed for 15 days in February because of the coronavirus pandemic.Only recently have there been most signs of a pickup in visits.That helped it amass a large cash hoard that kept it afloat during the multi-month shutdown of domestic casinos.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.online casino real money georgia