downstream casino rv parkWhile a 94.5% drop in GGR might normally cause a panic reaction, we would expect to witness a relative no reaction to the August Macau GGR results,” said the Stifel analyst in a note to clients today. Those well-heeled gamblers could be waiting for the arrival of Golden Week in early October or waiting out increasing geopolitical friction between the US and China. The ConsensusMatrix forecast calls for a retrenchment of 73 percent.The waiting game continues. chumba casino sign up bonus(Image: iStock)The goal of the RFI is for city officials to receive perspective from integrated resort (IR) operators and real estate developers on key issues that will be considered when evaluating proposals for the lone casino license. While a 94.5% drop in GGR might normally cause a panic reaction, we would expect to witness a relative no reaction to the August Macau GGR results,” said the Stifel analyst in a note to clients today. Chicago Mayor Lori Lightfoot (D) has issued a Request for Information (RFI) to solicit ideas and strategies for the city’s forthcoming integrated resort casino. palace station casino bingo

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oxford casino and hotelChicago Mayor Lori Lightfoot (D) has issued a Request for Information (RFI) to solicit ideas and strategies for the city’s forthcoming integrated resort casino. An analyst says that’s the preferred Macau stock to consider. Venetian Macau, a Las Vegas Sands venue. mgm grand casino layoutEither way, operators such as Melco Resorts & Entertainment (NASDAQ:MCLO) and Wynn Resorts (NASDAQ:WYNN) need VIP visits to materially rebound to drive share price appreciation.Stability in Macau could be seen as soon as later this year or in early 2021, according to Wieczynski.One Good IdeaConsensus sentiment is that Macau will bounce back faster than other marquee gaming markets, namely Las Vegas and Singapore, and that’s to the benefit of Las Vegas Sands (NYSE:LVS). (Image: Getty Images)On a year-to-date basis, GGR in the world’s largest gaming center is off 82 percent, and on the heels of the rough August number, some analysts are ratcheting down 2020 forecasts.For example, Stifel analyst Steven Wieczynski lowered his estimate on Macau’s 2020 revenue decline to 65 percent to 75 percent from a previous call of a drop of 60 percent to 70 percent. While a 94.5% drop in GGR might normally cause a panic reaction, we would expect to witness a relative no reaction to the August Macau GGR results,” said the Stifel analyst in a note to clients today. santa ana star casino fireworks

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mohegan sun casino new years eveMillennium Park’s Cloud Gate, or “The Bean” to locals, is a major tourism draw for Chicago, and the Windy City is betting on a casino resort to bring additional visitors to the shores of Lake Michigan. ened travel controls to have a positive impact on concessionaires’ top and bottom lines. “We fully believe investors understand what the Macau market is up against at this point and remain prepared for an uncertain near-term time frame.”Last month, the city of Zhuhai in Guangdong province started reissuing tourist visas, with the rest of the region doing so on Aug. (Image: iStock)The goal of the RFI is for city officials to receive perspective from integrated resort (IR) operators and real estate developers on key issues that will be considered when evaluating proposals for the lone casino license. Chicago Mayor Lori Lightfoot (D) has issued a Request for Information (RFI) to solicit ideas and strategies for the city’s forthcoming integrated resort casino. The operator of five integrated resorts in the special administrative region (SAR) isn’t just the biggest concessionaire there, it’s also one of the most financially sound.Additionally, the bulk of LVS’ Macau clientele is in the mass and premium mass categories, meaning the company isn’t dependent on VIPs to drive revenue.“Although we expect lingering Chinese macroeconomic uncertainty and virus fears to elevate trading volatility in the near term, we casino worldsee nothing out there at this point capable of tempering our long-term enthusiasm on the name,” said Wieczynski.The analyst, who rates LVS a “buy,” adds the operator has an “unrivaled scale,” and recent weakness in the stock is an opportunity for investors to get involved.coushatta casino number