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bellagio casino colomboGross gaming revenue (GGR) in the casino enclave of Macau slid 94.5 percent in August, marking the fifth consecutive month of declines of at least 90 percent. Those well-heeled gamblers could be waiting for the arrival of Golden Week in early October or waiting out increasing geophorse slot machine casinoolitical friction between the US and China. 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). home casino poker tableBut with approval times taking a week or longer, it was widely expected that good news wouldn’t have any impact on August GGR figures.Nearing the Bright Side With the freeze on individual visit scheme (IVS) visas lifted in Guangdong, and the rest of the mainland slated to follow suit on Sept. The ConsensusMatrix forecast calls for a retrenchment of 73 percent.The waiting game continues. But with approval times taking a week or longer, it was widely expected that good news wouldn’t have any impact on August GGR figures.Nearing the Bright Side With the freeze on individual visit scheme (IVS) visas lifted in Guangdong, and the rest of the mainland slated to follow suit on Sept. soaring eagle casino win lob statement

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