2024.07.17
drake casino 60 free spins8, was sluggish compared to prior years. The Sands Macau seen here. ogram offered by a commercial operator in the top six and ranks well ahead of Boyd Gaming’s B Connected and MGM Resorts’ M life Rewards, which are ninth and tenth, respectively.casino barThat’s a far cry from pre-coronavirus pandemic levels, but still a marked improvement over September’s tally. The 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. The 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. oxford casino news bcslots choctaw casinosanta ana casino eventsThe event is out this year because of COVID-19. 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. That’s a far cry from pre-coronavirus pandemic levels, but still a marked improvement over September’s tally. chumba casino complaintsHowever, 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. 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. It delivers results for the September quarter today after the close of US markets. hollywood casino 400 start time mgm grand casino slot machinesis black bear casino open(Image: Roadracing World)The Golden Week holiday, which concluded on Oct. 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. JPMorgan analysts estimate gross gaming revenue (GGR) in Macau averaged .8 million on a daily basis through the first 18 days of October. JPMorgan analysts estimate gross gaming revenue (GGR) in Macau averaged .8 million on a daily basis through the first 18 days of October. Las Vegas Sands (NYSE:LVS) remains beholden to a sluggish Macau recovery ahead of its third-quarter earnings report. 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. coushatta casino website twin river casino construction |