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foxwoods resort casino 301 logoGross gaming revenue (GGR) in Macau showed signs of improvement in September, but JP Morgan says it will be 2022 before those figures return to pre-coronavirus highs. It’s going to take awhile for Macau GGR to recover. However, lengthy approval times for those permits and Beijing clamping down on cross-border money transfer is hindering the casino hub’s rebound efforts.We were overly hopeful on the prospect of pent-up dthunder valley casino chinese restaurantemand, which we thought would outweigh the nuisances related to travel arrangement to Macau and stricter capital control,” said JP Morgan analysts.Citing national security concerns, Chinese authorities are making it harder for VIP gamblers to move money into junket accounts, making Macau’s near-term recovery more dependent on mass market players that spend less.VIP WoesWith higher-tier gamblers staying away for now, efforts to rejuvenate GGR are hamstrung, with recent data points confirming as much. kansas star casino vietnamese concertsJP Morgan forecasts 2022, to be precise. Louisiana Gov. Some analysts speculate Beijing will see the negative impact of the money transfer policy on the gaming center’s economic recovery and potentcasino resorts europe

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