2024.07.17
river spirit casino jenks okAs the landscape shapes up today, MGM Resorts International and local partner Orix is the only group targeting the city for a high-end casino-resort. Gaming revenue in the Chinese territory slumped 70.5 percent to 4 million USD in the eleventh month of the year. That’s prompting some analysts to reiterate bullish views on Las Vegas Sands (NYSE:LVS). silver oak casino 2020Now, it appears that if the city is successful in winning a license, the subsequent gaming property won’t open until 2027 at the earliest.On the company’s second-quarter earnings conference call on July 30, MGM CEO Bill Hornbuckle said the operator and partner Orix are ready to submit their RFP. 30 — as one reason to embrace the stock. In a broader sense, easing tensions between the US and China, which could be ushered in with the Biden Administration, and encouraging developments on the coronavirus vaccine front are positives for Macau operators. table games at riverwind casino coolcat casino apkblack hawk casino online30 — as one reason to embrace the stock. That’s prompting some analysts to reiterate bullish views on Las Vegas Sands (NYSE:LVS). But broader excitement for Osaka gaming largely centered around the opening in advance of the World Expo in 2025. black bear casino in cloquetIn a broader sense, easing tensions between the US and China, which could be ushered in with the Biden Administration, and encouraging developments on the coronavirus vaccine front are positives for Macau operators. ultiple delays at the local and national levels when it comes to setting integrated resort policy, postponements that annoyed many operators.In October, the federal government moved the deadline for cities to submit proposals to October 2021, with an eye toward April 28, 2022, as “decision day.”Osaka RFP Process Could Be BriskBarring the emergence of a surprise competitor, Osaka’s RFP process could be swift. The Parisian Macau. jamul casino lost and found foxwoods resort casino wikipedialive casino mapThe Parisian Macau. Specific to Sands, it’s opening its long-awaited Londoner Macau in February. MGM’s slice of the Osaka deal, assuming it comes to life, will be 40 percent to 45 percent.MGM Commitment Vital to Osaka, Japan AspirationsGoing forward, just how committed MGM and Orix remain to Osaka could be telling for Japan’s hopes of becoming the next Macau or Singaporeslotocash code.Previously, analysts forecast that the Land of the Rising Sun could become the world’s second-largest casino market behind Macau when it reaches maturity. (Image: CNBC)Shares of the largest Macau operator jumped 6.22 percent last week, a period including the special administrative region’s (SAR) November GGR report. But the stock is showing considerable momentum in recent weeks, soaring 20.44 percent over the past month.Catalysts Abound for LVS UpsideMacau is the largest market for Sands and the company operates five integrated resorts there, intimately levering it to the SAR’s recovery trends.LVS could offer investors more upside as Macau bounces back. That was enough to lure many of the biggest operators. daniel j tucker sycuan casino no deposit bonus casino canada 2021 |