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harrahs casino azd play in the summer at venues with no fans.Betting on Las VegasSports broadcasting giant ESPN also is expanding in an effort to tap into the sports betting market. 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. 26. cliff castle casino fireworks 2020(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 scarlet pearl casino mibibippipercent to 75 percent from a previous call of a drop of 60 percent to 70 percent. 26. Illinois Gov. pechanga casino to pala casino

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is coushatta casino pool openEither way, operators such as Melco Resorts & Entertainment (NASDAQ:MCLO) and Wynn Resorts (NASDAQ:WYNN) need VIP visits to materially rebound to drive share price appreciation.Stability in Macau could be seen as soon as later this year or in early 2021, according to Wieczynski.One Good IdeaConsensus sentiment is that Macau will bounce back faster than other marquee gaming markets, namely Las Vegas and Singapore, and that’s to the benefit of Las Vegas Sands (NYSE:LVS). 23, there are 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. An analyst says that’s the preferred Macau stock to consider. d play in the summer at venues with no fans.Betting on Las VegasSports broadcasting giant ESPN also is expanding in an effort to tap into the sports betting market. It has been legalized, but is not yet up and running, in four states. It’s going to take a while for recently loosened travel controls to have a positive impact on concessionaires’ top and bottom lines. brian christopher slots atlantic city

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