firekeepers casino 400 lapsThat’s with a possible fourth-quarter recovery setting the stage for a deeper recovery in 2021.The forecast, however, was speculation. 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 vegasScenes from the 2017 Macau Motorcycle Grand Prix. However, the world’s largest casino center remains hamstrung by slow tourist visa approval times, among other issues.LVS is the largest Macau operator. It delivers results for the September quarter today after the close of US markets. hollywood casino toledo buffet

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golden nugget casino pahrump nevadaThe event is out this year because of COVID-19. (Image: Roadracing World)The Golden Week holiday, which concluded on Oct. Scenes from the 2017 Macau Motorcycle Grand Prix. poker yellowhead casino(Image: Roadracing World)The Golden Week holiday, which concluded on Oct. 8, was sluggish compared to prior years. (Image: CNBC)In a note to clients Wednesday, Roth Capital analyst David Bain reiterates a “neutral” rating and price target on Sands, saying the company is likely to emphasize long-term conviction on the Asia-Pacific region (Macau and Singapore) despite limited near-term visibility.While the structural visitation impediments should diminish within the next few months, a catalyst for Macau visitation/earnings, we believe it is already captured in consensus estimates,” said the analyst.Traffic to the special administrative region (SAR) is trending higher this month. phone number for twin river casino

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zynga facebook pokerThe analyst notes that while a COVID-19 vaccine would be a broader market positive, consumer skepticism means it could be at least six months before a virus treatment positively affects the Las Vegas convention business.Just six percent of the analyst’s LVS price target is derived from Las Vegas, with the rest attributable to Macau and Singapore.Bain is similarly lukewarm on Sands rivals MGM Resorts International (NYSE: MGM) and Wynn Resorts (NASDAQ:WYNN), another Macau-centric name. 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. The event is out this year because of COVID-19. Las 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. (Image: CNBC)In a note to clients Wednesday, Roth Capital analyst David Bain reiterates a “neutral” rating and price target on Sands, saying the company is likely to emphasize long-term conviction on the Asia-Pacific region (Macau and Singapore) despite limited near-term visibility.While the structural visitation impediments should diminish within the next few months, a catalyst for Macau visitation/earnings, we believe it is already captured in consensus estimates,” said the analyst.Traffic to the special administrative region (SAR) is trending higher this month. mgm grand casino virginia