2024.07.12
coolcat casino free chipThat’s after the special administrative region (SAR) said some travel controls prompted by a recent outbreak of the coronavirus on mainland China will ease. Recently, Macau casino stocks are soaring on the news of eased travel curbs. But the opposite is proving true. free slot games casinoOn Tuesday, they announced a mandatory mask mandate would be in effect starting on Wednesday.While the mask order did not specifically list casinos like the vaccine order, the venues are essentially covered, as the province said people 12 and older must wear masks in any indoor setting regardless of their vaccinatencore casino gift shopion status.Several casinos in the province, including the River Rock Casino Resort, the Grand Villa Casino, and Cascades Casino Kamloops, were already posting on their websites that masks were required for entry.16-Aug. The other requirement accompanying the negative test is that would-be Macau visitors cannot have traveled to Hong Kong, Taiwan, or any other foreign country prior to arriving in the gaming center.A spokesperson for Macau’s Public Security Police, Lei Tak Fai, said the relaxed testing protocol goes into effect on Wednesday.Guangdong accounts for approximately 45 percent of the annual visits to the SAR, and Macau casino stocks are responding to the good news. mgm casino app online casino operatorslucky creek casino free bonus codes(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. That’s after the special administrative region (SAR) said some travel controls prompted by a recent outbreak of the coronavirus on mainland China will ease. 13,” Chuck Keeling, Great Canadian Gaming’s executive vice president for stakeholder relations and responsible gaming, told Casino.org.The BC casinos closed in March 2020 at the onset of the COVID-19 pandemic and remained closed through the end of this June, a 16-month shutdown that affected thousands of workers.British Columbia isn’t the first jurisdiction to call for the vaccine mandate. seneca niagara casino hotel rooms22, 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. On Tuesday, they announced a mandatory mask mandate would be in effect starting on Wednesday.While the mask order did not specifically list casinos like the vaccine order, the venues are essentially covered, as the province said people 12 and older must wear masks in any indoor setting regardless of their vaccinatencore casino gift shopion status.Several casinos in the province, including the River Rock Casino Resort, the Grand Villa Casino, and Cascades Casino Kamloops, were already posting on their websites that masks were required for entry.Recently, Macau casino stocks are soaring on the news of eased travel curbs. harrah s casino valley center california play the slot machine casinofree slot machines to playShares 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. But the opposite is proving true. In 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. 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. Recently, Macau casino stocks are soaring on the news of eased travel curbs. Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are among the Macau operators seeing previously moribund shares surge Tuesday. free casino slots games no download no registration online casino table games |