island resort and casino harris miIt’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.But the coronavirus is delaying that effort because Macau Chief Executive Ho Iat Seng wants local authorities to complete an exhaustive review of the gaming industry’s post-pandemic recovery trajectory.Now, some analysts believe it will be 2022 before Macau regulators even get around to discussing license renewals, and even that timeline could online casino real money singaporebe pushed out a year. Likewise, Wynn counts on Macau for two-thirds or more of EBITDA and revenue in typical quarters in standard operating climates.Fortunately, China isn’t displaying overt hostility to American companies doing business there. lake tahoe casino buffet(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). 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. Heading into 2020, consensus wisdom was that renewal talks would start this year. kansas star casino events

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lake tahoe casinos newsLingering hostilities between the US and China, the world’s two largest economies, probably won’t result in American operators losing rights to run casinos in Macau, according to Bernstein analysts. The two Wynn Resorts properties are side-by-side on the Las Vegas Strip. 3, Maryland voters will be asked if they want to legalize sports betting. Lingering hostilities between the US and China, the world’s two largest economies, probably won’t result in American operators losing rights to run casinos in Macau, according to Bernstein analysts. The two Wynn Resorts properties are side-by-side on the Las Vegas Strip. 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. slots y casinos online