casinochan2(Image: Once in a Lifetime Journey)JP Morgan reports that through 15 days in December, gross gaming revenue (GGR) came in at an estimated MOP10.8 billion (.35 billion). But it’s been a difficult year marred by a slowing in economic growth in the People’s Republic, ongoing trade tensions between China and the United States, and social unrest in nearby Hong Kong.Casino win is down 2.4 percent through November, total GGR standing at .6 billion.The final half of December isn’t expected to be a robust time for casinos, as the Special Administrative Region celebrates its 20th anniversary return from Portugal to Chinese control. The board of Wynn Resorts voted unanimously to extend Matt Maddox’s CEO contract while adding a performance clause. lucky tiger casino coupon codesIn response, casinos pivoted away from the high roller to the general public, and gaming win rebounded over the last two years – .2 billion in 2017 and .8 billion last year.Heading into 2019, there was plenty of optimism riding the two-year GGR increase. (NASDAQ:WYNN) said its board of directors unanimously voted to extend CEO Matt Maddox’s employment contract through the end of 2022. Wynn Resorts, Ltd. slot machine casino nearby

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desert diamond casino hotelJP Morgan, Bloomberg, and other financial institutions were calling for a roughly 10 percent year-over-year loss.“We now expect December GGR to drop 14 percent to 16 percent year-on-year to about MOP.3 billion to MOP.8 billion (.78 billion to .84 billion), which would be the weakest … of 2019 on both growth and absolute terms,” the JP Morgan analysts concluded.Tough Finish2019 will mark an end to Macau’s two-year casino rebound.GGR fell from billion in 2013 to .9 billion in 2016 as a result of China cracking down on VIP junkets. The legislation, which has since been shelved, was viewed by protesters as a scheme to reduce Hong Kong’s autonomy and civil liberties.China has implemented more rigorous security checks into Macau this week. Wynn Resorts, Ltd. hard rock casino ownerThe legislation, which has since been shelved, was viewed by protesters as a scheme to reduce Hong Kong’s autonomy and civil liberties.China has implemented more rigorous security checks into Macau this week. (Image: Wall Street Journal).His initial employment agreement had a termination date of Feb. JP Morgan, Bloomberg, and other financial institutions were calling for a roughly 10 percent year-over-year loss.“We now expect December GGR to drop 14 percent to 16 percent year-on-year to about MOP.3 billion to MOP.8 billion (.78 billion to .84 billion), which would be the weakest … of 2019 on both growth and absolute terms,” the JP Morgan analysts concluded.Tough Finish2019 will mark an end to Macau’s two-year casino rebound.GGR fell from billion in 2013 to .9 billion in 2016 as a result of China cracking down on VIP junkets. brian christopher slots twitter

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twin river casino twitterIt revised its economic forecast on Macau from “negative” to “stable,” but added, “Macau’s growth outlook could be indirectly affected by further escalation in US-China tensions insofar as this results in downward revisions to our projections.”(Image: Once in a Lifetime Journey)JP Morgan reports that through 15 days in December, gross gaming revenue (GGR) came in at an estimated MOP10.8 billion (.35 billion). In response, casinos pivoted away from the high roller to the general public, and gaming win rebounded over the last two years – .2 billion in 2017 and .8 billion last year.Heading into 2019, there was plenty of optimism riding the two-year GGR increase. Shares of Wynn are up nearly 35 percent year-to-date, topping rival Las Vegas Sands (NYSE: LVS) while slightly trailing MGM Resorts International (NYSE:MGM).By market value, WynnThe legislation, which has since been shelved, was viewed by protesters as a scheme to reduce Hong Kong’s autonomy and civil liberties.China has implemented more rigorous security checks into Macau this week. (Image: Once in a Lifetime Journey)JP Morgan reports that through 15 days in December, gross gaming revenue (GGR) came in at an estimated MOP10.8 billion (.35 billion). blackjack minimum bet