2024.07.19
seven feathers casino kenoAnalysts, some of whom were surprised by the Tuesday announcement, agree there could be a significant near-term bump in visits to Macau, while noting prior estimates could now prove too conservative.Recall, Macau is the only city outside mainland to/from which mainland Chinese can freely travel without quarantine,” according to JPMorgan. of 2020. But it was expected Beijing would lift that freeze early this year. luckyland slots no deposit bonus codesAnalysts, some of whom were surprised by the Tuesday announcement, agree there could be a significant near-term bump in visits to Macau, while noting prior estimates could now prove too conservative.Recall, Macau is the only city outside mainland to/from which mainland Chinese can freely travel without quarantine,” according to JPMorgan. Issuance of those travel permits was halted late last year in advance of President Xi Jinping’s visit to the special administrative region (SAR). On Aug. turtle lake casino senior day little river casino bonus codesdelaware online casino no deposit bonus26, group visas will also be issued again, but parties from regions deemed medium to high-risk for COVID-19 will be denied.News of wider-ranging IVS resumption comes less than two weeks after the Macau Inspection and Coordination Bureau (DICJ) said July gross gaming revenue (GGR) slid 94.5 percent, extending a streak of monthly declines in excess of 90 percent.Pent Up DemandWith IVS policy loosening up, concessionaires’ theory that there’s pent-up demand will be tested. of 2020. On Aug. clearwater casino resort mapCustomers at Indiana casinos apparently feel safe, as gross gaming revenue was strong in July. “Now, the only meaningful ‘unknown’ is timing of the Hong Kong SAR border/quarantine easing, as demand from Hong Kong probably comprised ~10% of pre-COVID GGR, per our rough estimates.”Prior to today’s IVS announcement, JPMorgan forecast August and September GGR declines in Macau of 85 percent and 70 percent, respectively. (Image: Michelle Pemberton/IndyStar)The Indiana Gaming Commission (IGC) this week released casino revenue data for July, and the state’s 13 commercial gaming venues have surprisingly quickly healed from the COVID-19 pandemic.Gross gaming revenue (GGR) from slot mmychoice casino bonus codes harrah s cherokee casino gambling ageonline gambling m aIndiana casinos bblack bear casino mn concertsegan reopening on June 15 following a mandatory three-month shutdown, and gamblers have quickly returned, and along with them, revenue. In midday trading, LVS, the largest Macau operator, is higher by 5.70 percent, while Wynn is up more than six percent. of 2020. The PGCB’s 2019-20 fiscal year concluded June 30. That was before the coronavirus hit.News that Guangdong will soon resume granting IVS permissions emerges just a day after Zhuhai. Melco Resorts & Entertainment (NASDAQ:MLCO) is higher by four percent on volume that’s already more than double the daily average.It’s a Big DealIVS access for residents of Guangdong, the mainland province closest to Macau and home to approximately 113 milblack bear casino mn concertslion citizens, is vital for the gaming hub’s rebound aspirations.Last year, nearly half of all visitors to the casino center arrived from Guangdong, and of those, 72 percent did so on IVS permits. blackjack online for real money new lucky creek bonus codes |