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downstream casino hotel pricesShares of Wynn, which controls Wynn Macau and Wynn Palace, were lower by 17.64 percent this year prior to today.Those moves come less than a week after Macau casino stocks slumped to five-year lows, as analysts fretted that a recent uptick in COVID-19 cases on mainland China would stymie August visitation to the SAR.However, declining case counts and a brighter outlook for travel rules are having palpable impacts on weekly gross gaming revenue (GGR) data, and that’s a positive for operators. “We expect GGR improvement beginning in the fourth quarter. 22, Macau GGR surged 55 percent from the previous week, according to research firm Bernstein.Maybe Brighter Days AheadWhen the coronavirus pandemic initially emerged last year, analysts speculated that Macau operators would rebound more rapidly than US-centric rivals. choctaw casino concertsVisitors mull in front of Wynn Palace in Macau, above. For the week of Aug. “We expect GGR improvement beginning in the fourth quarter. kansas table games casino

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free casino slot games for fun buffaloWhile that order took effect last week, its enforcement did not start until this week.Masks Also RequiredThe upcoming vaccine mandate isn’t the only step BC health officials have taken to staunch the spread of the virus. “We expect GGR improvement beginning in the fourth quarter. 22, Macau GGR surged 55 percent from the previous week, according to research firm Bernstein.Maybe Brighter Days AheadWhen the coronavirus pandemic initially emerged last year, analysts speculated that Macau operators would rebound more rapidly than US-centric rivals. mgm casino shows(Image: CNBC)Macau officials announced that travelers arriving from Guangdong — the mainland province closest to the casino hub — will be required to present a negative COVID-19 nucleic acid test that’s seven days old or less.That’s down from the prior requirement of a test that’s 48 hours old. But more significant travel impediment removals are not likely until next year.”Should that scenario play out, it’d be a boon for the likes of Sands and Wynn, which derive anywhere from two-thirds up to 80 percent of earnings before inThat’s after the special administrative region (SAR) said some travel controls prompted by a recent outbreak of the coronavirus on mainland China will ease. hotels close to winstar world casino

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brian christopher slots eventsIn midday trading, LVS and Wynn are both up more than five percent, while Meencore casino gift shoplco Resorts & Entertainment (NASDAQ:MLCO) is higher by more than 10 percent.Finally, Relief for Macau Casino StocksNews of looser travel rules couldn’t arrive at a better time for Macau concessionaires, many of which are among the worst-performing major gaming equities.Entering today, shares of LVS were off 33.34 percent year-to-date, and the operator of five Macau integrated resorts was one of just a handful of S&P 500 members that hadn’t posted positive returns since the March 23, 2020 market bottom. While that order took effect last week, its enforcement did not start until this week.Masks Also RequiredThe upcoming vaccine mandate isn’t the only step BC health officials have taken to staunch the spread of the virus. While the pace of recovery in the world’s dominant casino center is confounding executives and investors alike, Macau gaming equities could seeencore casino gift shop brighter days over the near term if authorities further loosen travel controls.We expect the situation to Macau to start getting back to April/May levels in October,” said Bernstein analysts.  how best to operationalize the introduction of proof of vaccination from our guests at our BC properties, beginning on Sept. Visitors mull in front of Wynn Palace in Macau, above. 16-Aug. free slot machines for android

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