2024.07.12
admiral casino middleton3, Maryland voters will be asked if they want to legalize sports betting. Heading into 2020, consensus wisdom was that renewal talks would start this year. The sportsbook and daily fantasy sports operator has donated 0,000 to the “Vote Yes on Question 2” campaign.The ballot referendum outcome is expected to be close. michael jackson free slot games(Image: Las Vegas Review-Journal)Patrons entering the Wynn Resorts properties will now be scanned for metal objects. Lingering hostilities between the US and China, the world’s two largest economies, probably won’t result in American operators losing rights to run casinos in Macau, according to Bernstein analysts. (Image: Las Vegas Review-Journal)Patrons entering the Wynn Resorts properties will now be scanned for metal objects. cache creek casino update borgata casino showsblack bear casino gourmet buffet menuThe Encore (seen here) and Wynn Las Vegas are implementing new security measures. MGM and Wynn each own two integrated resorts in the lone Chinese territory where gambling is permitted.Things Stay the Same…ProbablyLicenses for all six Macau concessionaires expire in mid-2022. Likewise, Wynn counts on Macau for two-thirds or more of EBITDA and revenue in typical quarters in standard operating climates.Fortunately, China isn’t displaying overt hostility to American companies doing business there. wild casino best gamesWynclearwater casino on bainbridge islandn Las Vegas and the Encore casinos on the Las Vegas Strip are putting new security measures in place, including K-9 dogs and metal scanners. The initiative does not say where sports betting would be permitted. The sportsbook and daily fantasy sports operator has donated 0,000 to the “Vote Yes on Question 2” campaign.The ballot referendum outcome is expected to be close. captain jack gambling machine slot machine casino typefree casino slots egtIt’s not unreasonable to expect Beijing realizes it could do more harm than good to Macau if marquee brands such as Sands and Wynn are driven from the market.“Directly attacking US business (especially ones that have been solid partners to the Macau government) is not a very likely course of action,” notes Bernstein.(Image: Las Vegas Review-Journal)Patrons entering the Wynn Resorts properties will now be scanned for metal objects. Analysts believe it’s likclearwater casino on bainbridge islandely US operators will have licenses renewed there. It’s not unreasonable to expect Beijing realizes it could do more harm than good to Macau if marquee brands such as Sands and Wynn are driven from the market.“Directly attacking US business (especially ones that have been solid partners to the Macau government) is not a very likely course of action,” notes Bernstein.Local law gives authorities some wiggle room in that they can renew current accords with gaming companies and revisit the license renewal issue in 2027.Bernstein says it’s probable Macau operators could see some regulations to deal with, and it’s unlikely the market will open to new competitors.“There are many levers at the government’s disposal — e.g., altering the gross gaming revenue (GGR) tax, imposing taxation on gaming profits, imposing taxation on dividends, mandating up-front fees,” according to the brokerage house.Sigh of ReliefFor investors, Bernstein’s commentary on the fate of US operators in Macau is likely a relief, because loss of exposure to that market would be highly damaging to the thesis on these names. The initiative does not say where sports betting would be permitted. encore casino promo code wynn las vegas casino promotions |