2025.09.19
the casino roulette wheel”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.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.An analyst downgraded Wynn’s stock today, citing exposure to that market and weakness in Las Vegas.draftkings casino slots“To be clear, we believe IAC ownership is a positive for MGM.The gaming company struck while the iron was hot, commanding strong pricing on those properties prior to the onset of the pandemic.Now, MGM has .draftkings casino update online gambling kenofirekeepers casino 400 vegas oddsAn analyst is concerned about the operator’s exposure to its home city.Additionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst.Now, MGM has .who owns sunset station casinoThat implies downside from the area at which the stock currently resides.“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.“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.soaring eagle casino in mi casino extreme party reynosafanduel casino vpnAdditionally, the business will generate just 0 million in revenue this year, with profitability three years away, according to the Roth analyst. in the Lake Charles area were damaged in the Category 4 hurricane.Robert Fontenot of the Louisiana State Police.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.The stock suffered its second lower revision in three days Wednesday, with the Las Vegas Strip looking like the primary culprit.(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 tjamul casino buffet priceo .encore casino reviews gold coast casino monorail |