jackson rancheria casino resort buffetIllinois Gov. (Image: Getty Images)On a year-to-date basis, GGR in the world’s largest gaming center is off 82 percent, and on the heels of the rough August number, some analysts are ratcheting down 2020 forecasts.For example, Stifel analyst Steven Wieczynski lowered his estimate on Macau’s 2020 revenue decline to 65 scarlet pearl casino mibibippipercent to 75 percent from a previous call of a drop of 60 percent to 70 percent. The operator of five integrated resorts in the special administrative region (SAR) isn’t just the biggest concessionaire there, it’s also one of the most financially sound.Additionally, the bulk of LVS’ Macau clientele is in the mass and premium mass categories, meaning the company isn’t dependent on VIPs to drive revenue.“Although we expect lingering Chinese macroeconomic uncertainty and virus fears to elevate trading volatility in the near term, we see nothing out there at this point capable of tempering our long-term enthusiasm on the name,” said Wieczynski.The analyst, who rates LVS a “buy,” adds the operator has an “unrivaled scale,” and recent weakness in the stock is an opportunity for investors to get involved.raging bull casino customer service phone numberVenetian Macau, a Las Vegas Sands venue. Those well-heeled gamblers could be waiting for the arrival of Golden Week in early October or waiting out increasing geopscarlet pearl casino mibibippiolitical friction between the US and China. It has been legalized, but is not yet up and running, in four states. the wynn hotel in vegas

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wild casino ndbc23, there are reasons to believe the last few months of 2020 will bring better data out of the Chinese gaming center.There does seem to be light at the end of the tunnel, as visitation levels are slowly improving, given the recent IVS ban has been lifted,” said Wieczynski.Over the near-term, a primary issue for Macau operators is that VIP and premium mass players are still in wait-and-see mode. Either way, operators such as Melco Resorts & Entertainment (NASDAQ:MCLO) and Wynn Resorts (NASDAQ:WYNN) need VIP visits to materially rebound to drive share price appreciation.Stability in Macau could be seen as soon as later this year or in early 2021, according to Wieczynski.One Good IdeaConsensus sentiment is that Macau will bounce back faster than other marquee gaming markets, namely Las Vegas and Singapore, and that’s to the benefit of Las Vegas Sands (NYSE:LVS). ET on weekdays.Sports betting is legal in 18 states. vegas slots doubledown casinoThe ConsensusMatrix forecast calls for a retrenchment of 73 percent.The waiting game continues. (Image: iStock)The goal of the RFI is for city officials to receive perspective from integrated resort (IR) operators and real estate developers on key issues that will be considered when evaluating proposals for the lone casino license. (Image: Getty Images)On a year-to-date basis, GGR in the world’s largest gaming center is off 82 percent, and on the heels of the rough August number, some analysts are ratcheting down 2020 forecasts.For example, Stifel analyst Steven Wieczynski lowered his estimate on Macau’s 2020 revenue decline to 65 scarlet pearl casino mibibippipercent to 75 percent from a previous call of a drop of 60 percent to 70 percent. river spirit casino on 81st

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