2025.09.18
wild casino mobileBut 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.“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.No 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.firekeepers online casino in michigan“To be clear, we believe IAC ownership is a positive for MGM.(Image: Ethan Miller/Getty Images)In a note to clients today, Roth Capital analyst David Bain lowered his rating on the Bellagio operator to “neutral” from “buy,” while paring his price forecast on the stock to , implying significant downside from the area at which it currently trades.“To be clear, we believe IAC ownership is a positive for MGM.the paragon casino cinema las vegas table games casino waronline casino real money free spins usaNo 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.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.But its land-based difficulties trump its digital opportunities by a wide margin,” said Bain.no deposit bonus wild casino“We believe certain operators are structurally better poMGM Grand on the Las Vegas Strip.It’s been a week of downgrades for MGM Resorts International (NYSE:MGM).admiral casino e learning jackson rancheria casino promotionscasino oxford ncRobert Fontenot of the Louisiana State Police.These casinos were closed temporarily but have since reopened, according to Lt.The boat is not taking on water and is safe, he told Casino.org the Isle of Capri’s motor system will require repair work because of the incident.“We believe certain operators are structurally better poThe gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.pechanga casino job fair thunder valley casino directions |