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hard rock casino garyAs US/China relations become increasingly volatile, there’s speculation those operators are at risk of losing Macau permits. (Image: Bloomberg)There are six concessionaires operating in the world’s largest gaming center, three of which are based in Nevada — Las Vegas Sands (NYSE:LVS), MGM Resorts International (NYSE:MGM), and Wynn Resorts (NASDAQ:WYNN). As US/China relations become increasingly volatile, there’s speculation those operators are at risk of losing Macau permits. nugget casino reno swimming poolAs US/China relations become increasingly volatile, there’s speculation those operators are at risk of losing Macau permits. A February poll conducted by Goucher College found that 47 percent of likely voters support legalizing sports betting.MGM and Wynn each own two integrated resorts in the lone Chinese territory where gambling is permitted.Things Stay the Same…ProbablyLicenses for all six Macau concessionaires expire in mid-2022. island view casino from my location admiral casino wallaseyviejas casino mapA February poll conducted by Goucher College found that 47 percent of likely voters support legalizing sports betting.Security will also screen hand-held bags, according to the Las Vegas Review-JouAnalysts believe it’s likbrian christopher slots onlineely US operators will have licenses renewed there. free online slots and casino gamestionOn Nov. Heading into 2020, consensus wisdom was that renewal talks would start this year. If a simple majority backs the ballot referendum, the Old Line State will join neighbors Pennsylvania, Delaware, West Virginia, and DC in permitting legal gambling on sports.Question 2 — the Sports Betting Expansion Measure — is vague at best. the hard rock casino miami turtle lake casino jobsbig dollar casino quickie boostThe initiative does not say where sports betting would be permitted. (Image: Bloomberg)There are six concessionaires operating in the world’s largest gaming center, three of which are based in Nevada — Las Vegas Sands (NYSE:LVS), MGM Resorts International (NYSE:MGM), and Wynn Resorts (NASDAQ:WYNN). It’s not unreasonable to expect Beijing realizes it could do more harm than good to Macau if marquee brands such as Sands and Wynn are driven from the market.“Directly attacking US business (especially ones that have been solid partners to the Macau government) is not a very likely course of action,” notes Bernstein.Tourists at Sands’ Parisian Macau. 3, Maryland voters will be asked if they want to legalize sports betting. LVS generates more than 80 percent of its earnings before interest, taxes, depreciation and amortization (EBITDA) from its Asia-Pacific operations, Macau and Singapore. resorts casino hotel las vegas downstream casino resort |