2024.07.19
sunset station casino newsWall Street is calling for a loss of 67 cents a share on revenue of 4.34 million. JPMorgan analysts estimate gross gaming revenue (GGR) in Macau averaged .8 million on a daily basis through the first 18 days of October. However, that was based on the notion the special administrative region’s (SAR) gaming-heavy economy would materially spring to life in the current quarter. casino militar santa anaThat is prompting at least one analyst to take a tepid view of the stock. But average daily GGR for that period was .1 million. However, recovery timelines are being pushed out as far as 2022 amid weakness in the VIP segment and Beijing’s heavy-handed approach to cross-border money flows.“We believe some of these issues may depress Macau stock multiples until there is higher visibility,” said Bain.The analyst adds that visitation pickup may not be as “acute” as some previously hoped, and that day trips to the gaming hub, previously an integral driver of tourist volume, will “take some time to return to normalcy.”Talking Las VegasIn its home market of Las Vegas, LVS previously acknowledged struggles with executives offering candid commentary about the state of the largest domestic gaming market following the operator’s second-quarter earnings report. best slot machine diamond casino island resort and casino golfsam s town casino tunica phone numberLas Vegas Sands (NYSE:LVS) remains beholden to a sluggish Macau recovery ahead of its third-quarter earnings report. Las Vegas Sands (NYSE:LVS) remains beholden to a sluggish Macau recovery ahead of its third-quarter earnings report. JPMorgan analysts estimate gross gaming revenue (GGR) in Macau averaged .8 million on a daily basis through the first 18 days of October. pechanga casino discount codeLas Vegas Sands (NYSE:LVS) remains beholden to a sluggish Macau recovery ahead of its third-quarter earnings report. But average daily GGR for that period was .1 million. However, the world’s largest casino center remains hamstrung by slow tourist visa approval times, among other issues.LVS is the largest Macau operator. online casino mgm caesar casino biloxiis captain jack casino legitHowever, that was based on the notion the special administrative region’s (SAR) gaming-heavy economy would materially spring to life in the current quarter. The reality is that the current quarter revenue and visitation numbers will exceed the low bar set during the first nine months of this year. That’s a far cry from pre-coronavirus pandemic levels, but still a marked improvement over September’s tally. JPMorgan analysts estimate gross gaming revenue (GGR) in Macau averaged .8 million on a daily basis through the first 18 days of October. That’s with a possible fourth-quarter recovery setting the stage for a deeper recovery in 2021.The forecast, however, was speculation. Scenes from the 2017 Macau Motorcycle Grand Prix. bellagio casino promotions tachi palace casino bus schedule 2021 |