2024.07.20
harrah s cherokee casino diningThe Sands Macau seen here. Las Vegas Sands reports earnings today and one analyst isn’t excited about what the company is likely to say. If that doesn’t happen, the rebound time line gets pushed out to 2022.Travel Woes LingerHindering concessionaires’ ability to shake off the effects of the pandemic are still-slack visitation nuonline casino connecticutThe Sands Macau seen here. JPMorgan analysts estimate gross gaming revenue (GGR) in Macau averaged .8 million on a daily basis through the first 18 days of October. It reflects the IVS resumption for non-Guangdong residents (which kicked-in in earnest after Golden Week given lead-time,” note the bank’s analysts.During the earlier sdoubledown casino home facebooktages of the coronavirus pandemic, analysts widely forecast a recovery for Macau concessionaires, one supported by pent-up demand, in 2021. valley forge casino app install cashman casinopechanga casino gift cardScenes from the 2017 Macau Motorcycle Grand Prix. Las Vegas Sands (NYSE:LVS) remains beholden to a sluggish Macau recovery ahead of its third-quarter earnings report. (Image: Roadracing World)The Golden Week holiday, which concluded on Oct. cool cat casino withdrawal rulesScenes from the 2017 Macau Motorcycle Grand Prix. However, the world’s largest casino center remains hamstrung by slow tourist visa approval times, among other issues.LVS is the largest Macau operator. However, that was based on the notion the special administrative region’s (SAR) gaming-heavy economy would materially spring to life in the current quarter. hollywood casino hotel rooms mgm casino tampa floridasoaring eagle casino gymIf that doesn’t happen, the rebound time line gets pushed out to 2022.Travel Woes LingerHindering concessionaires’ ability to shake off the effects of the pandemic are still-slack visitation nuThat’s with a possible fourth-quarter recovery setting the stage for a deeper recovery in 2021.The forecast, however, was speculation. Analysts are forecasting total adjusted earnings before interest, tadoubledown casino home facebookxes, depreciation and amortization (EBITDA) loss of 7 million, with a loss of 1.3 million sourced from Macau.Evolving Views on Macau RecoveryWhen the coronavirus pandemic initially burst onto the scene earlier this year, forcing a 15-day closure of Macau gaming properties in February, the pervasive view was that concessionaires there would struggle for the bulk of 2020. That is prompting at least one analyst to take a tepid view of the stock. Scenes from the 2017 Macau Motorcycle Grand Prix. It reflects the IVS resumption for non-Guangdong residents (which kicked-in in earnest after Golden Week given lead-time,” note the bank’s analysts.During the earlier sdoubledown casino home facebooktages of the coronavirus pandemic, analysts widely forecast a recovery for Macau concessionaires, one supported by pent-up demand, in 2021. how to win at pechanga slots slot casino youtube |