2024.07.08
bicycle casino soldThe Sands Macau seen here. That’s with a possible fourth-quarter recovery setting the stage for a deeper recovery in 2021.The forecast, however, was speculation. 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.harrah s casino employmentThe reality is that the current quarter revenue and visitation numbers will exceed the low bar set during the first nine months of this year. Scenes from the 2017 Macau Motorcycle Grand Prix. Las Vegas Sands reports earnings today and one analyst isn’t excited about what the company is likely to say. free online slots cats las atlantis casino downloadkari smith cache creek casinoThat is prompting at least one analyst to take a tepid view of the stock. The Sands Macau seen here. If that doesn’t happen, the rebound time line gets pushed out to 2022.Travel Woes LingerHindering concessionaires’ ability to shake off the effects of the pandemic are still-slack visitation nucache creek casino bus from san joseHe rates both of those stocks “neutral.”(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. JPMorgan analysts estimate gross gaming revenue (GGR) in Macau averaged .8 million on a daily basis through the first 18 days of October. lake tahoe lakeside casino black oak casino age limitcache creek casino resort locationThe 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. (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. 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.That’s with a possible fourth-quarter recovery setting the stage for a deeper recovery in 2021.The forecast, however, was speculation. It reflects the IVS resumption for non-Guangdong residents (which kicked-in in earnest after Golden Week given lead-time,” note the bank’s analysts.During the earlier sonline gambling platformstages of the coronavirus pandemic, analysts widely forecast a recovery for Macau concessionaires, one supported by pent-up demand, in 2021. 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. hallmark casino redeem codes jamul casino guest services |