firekeepers casino 400 lapsVenetian Macau, a Las Vegas Sands venue. (Image: Getty Images)On a year-to-date basis, GGR in the world’s largest gaming center is off 82 percent, and on the heels of the rough August number, some analysts are ratcheting down 2020 forecasts.For example, Stifel analyst Steven Wieczynski lowered his estimate on Macau’s 2020 revenue decline to 65 percent to 75 percent from a previous call of a drop of 60 percent to 70 percent. While a 94.5% drop in GGR might normally cause a panic reaction, we would expect to witness a relative no reaction to the August Macau GGR results,” said the Stifel analyst in a note to clients today. choctaw casino youtubeAn analyst says that’s the preferred Macau stock to consider. “We fully believe investors understand what the Macau market is up against at this point and remain prepared for an uncertain near-term time frame.”Last month, the city of Zhuhai in Guangdong province started reissuing tourist visas, with the rest of the region doing so on Aug. The operator of five integrated resorts in the special administrative region (SAR) isn’t just the biggest concessionaire there, it’s also one of the most financially sound.Additionally, the bulk of LVS’ Macau clientele is in the mass and premium mass categories, meaning the company isn’t dependent on VIPs to drive revenue.“Although we expect lingering Chinese macroeconomic uncertainty and virus fears to elevate trading volatility in the near term, we admbet casinosee nothing out there at this point capable of tempering our long-term enthusiasm on the name,” said Wieczynski.The analyst, who rates LVS a “buy,” adds the operator has an “unrivaled scale,” and recent weakness in the stock is an opportunity for investors to get involved.free online poker jacks or better

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quinnbet casino no deposit bonusMillennium Park’s Cloud Gate, or “The Bean” to locals, is a major tourism draw for Chicago, and the Windy City is betting on a casino resort to bring additional visitors to the shores of Lake Michigan. “We fully believe investors understand what the Macau market is up against at this point and remain prepared for an uncertain near-term time frame.”Last month, the city of Zhuhai in Guangdong province started reissuing tourist visas, with the rest of the region doing so on Aug. 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. wynn las vegas casino accountingened travel controls to have a positive impact on concessionaires’ top and bottom lines. Venetian Macau, a Las Vegas Sands venue. Chicago Mayor Lori Lightfoot (D) has issued a Request for Information (RFI) to solicit ideas and strategies for the city’s forthcoming integrated resort casino. viejas casino buffet

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turtle lake casino king crab buffetPritzker then signed another bill that greatly reduced how much gaming revenue the city and state will receive from the resort.Now, Lightfoot is seeking input from casino companies as to what conditions will further increase their likelihood of preparing aadmbet casino bid.“This is the right time to begin having these discussions, as we continue to lay the foundation to make a strong recovery from the impacts of the COVID-19 pandemic,” Lightfoot said.Questions Arise Lightfoot’s RFI includes numerous inquiries. An analyst says that’s the preferred Macau stock to consider. Millennium Park’s Cloud Gate, or “The Bean” to locals, is a major tourism draw for Chicago, and the Windy City is betting on a casino resort to bring additional visitors to the shores of Lake Michigan. Questions include optimal location, having a temporary casino during construction, and what amenities would maximize the complex’s revenue potential.The mayor is also asking what minimum acreage is needed for such a venue, how existing assets Illinois Gov. 23, there areadmbet casino reasons to believe the last few months of 2020 will bring better data out of the Chinese gaming center.There does seem to be light at the end of the tunnel, as visitation levels are slowly improving, given the recent IVS ban has been lifted,” said Wieczynski.Over the near-term, a primary issue for Macau operators is that VIP and premium mass players are still in wait-and-see mode. queen vegas casino no deposit bonus