2024.07.18
mgm casino ctOfficials at Resorts World Sentosa in Singapore say they aren’t optimistic regarding the first half of 2020 because of the ongoing novel coronavirus disease outbreak. Heading into 2020, conventional wisdom dictated that the second half of the year would be stronger than the first six months for Macau’s gaming industry.“We see a solid recovery in place in 2H, followed by a strong 2021,” notes Bernstein.There is some favorable history on Macau’s side, as it was able to fight through the 2003 SARS and 2009 swine flu epidemics and realize increased gaming revenue in the aftermath of those events. “Last April, Resorts World Sentosa and Marina Bay Sands – the only two licensed casinos in the city-state – each pledged to invest .3 billion in renovations and expansions to their respective properties.Virus Hits SingaporeThe first reported case of the novel coronavirus in Singapore came late last month, when a guest was confirmed to be infected at the Shangri-La’s Rasa Sentosa Resort and Spa. casino extreme free bonus codesBut sentiment is growing that when Feb. Last week, Las Vegas Sands (LVS) COO and President Rob Goldstein said “it could be two weeks. Even if Macau’s casinos reopen on Feb. resorts casino queens jobs little river casino jackpot winnerslivedraw mgm casino 4dIt could be two months” when commenting on the shutdown.Bernstein’s estimate of a 95 percent GGR tumble is one of the bleakest projections to date, and far exceeds the 75 percent decline forecast by JPMorgan earlier this month. 1H 2020) are largely guesses at this time, with the biggest variables being when casinos reopen, and even more importantly, when trfirekeepers casino ageavel restrictions from China will be lifted,” said the Bernstein analysts.Looking AheadFor now, operators on the peninsula have no choice but to look ahead, because it’s becoming apparent that first-quarter results will be dismal. 19 arrives, integrated resorts will not reopen.Gloomy Forecasts, Lack of ClarityAt a recent media briefing, Macau health officials noted the number of novel coronavirus cases on the peninsula remained at 10, with one of the first patients having already been discharged from a local hospital. online casino 30 free spinsIt could be two months” when commenting on the shutdown.Bernstein’s estimate of a 95 percent GGR tumble is one of the bleakest projections to date, and far exceeds the 75 percent decline forecast by JPMorgan earlier this month. “We are also closely monitoring the health of all our employees, including twice daily temperature checks.”No Down TimeThe coronavirus is keeping some would-be visitors away from Resorts Worlfirekeepers casino aged Sentosa. The deadly coronavirus has spread to Resorts World Sentosa. caesar palace casino host g casino pokerruby slots 100 free spins 2021Minions World and Super Nintendo World, according to Genting, will bring the “Despicable Me” cha“Last April, Resorts World Sentosa and Marina Bay Sands – the only two licensed casinos in the city-state – each pledged to invest .3 billion in renovations and expansions to their respective properties.Virus Hits SingaporeThe first reported case of the novel coronavirus in Singapore came late last month, when a guest was confirmed to be infected at the Shangri-La’s Rasa Sentosa Resort and Spa. The other nine are expected to be sent home in the coming days, but no clarity was given on whether or not gaming venues will reopen on Feb. Officials at Resorts World Sentosa in Singapore say they aren’t optimistic regarding the first half of 2020 because of the ongoing novel coronavirus disease outbreak. 1H 2020) are largely guesses at this time, with the biggest variables being when casinos reopen, and even more importantly, when trfirekeepers casino ageavel restrictions from China will be lifted,” said the Bernstein analysts.Looking AheadFor now, operators on the peninsula have no choice but to look ahead, because it’s becoming apparent that first-quarter results will be dismal. Instead, Genting Singapore says it will use the period to enhance the resort.“We will be embarking on a stronger productivity drive and utilize this period to refresh and develop our offerings,” company commentary explained.Part of the resort’s .3 billion expansion includes two immersive entertainment theme parks. sycuan casino twitter lucky tiger casino bonus codes 2020 |