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roulette casino designVisitors mull in front of Wynn Palace in Macau, above. Last week, New York City Mayor Bill de Blasio issued a similar order for the city’s businesses. Visitors mull in front of Wynn Palace in Macau, above. tahachi casinoWhile the pace of recovery in the world’s dominant casino center is confounding executives and investors alike, Macau gaming equities could seelake tahoe casinos caesars 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. Last week, New York City Mayor Bill de Blasio issued a similar order for the city’s businesses. Last week, New York City Mayor Bill de Blasio issued a similar order for the city’s businesses. borgata casino towels

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foxwoods resort casino ctFor the week of Aug. Shares 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. Shares 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. In midday trading, LVS and Wynn are both up more than five percent, while Melake tahoe casinos caesarslco 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. Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are among the Macau operators seeing previously moribund shares surge Tuesday. Recently, Macau casino stocks are soaring on the news of eased travel curbs. viejas casino schedule