2024.07.17
peppermill casino parking(Image: Michelle Pemberton/IndyStar)The Indiana Gaming Commission (IGC) this week released casino revenue data for July, and the state’s 13 commercial gaming venues have surprisingly quickly healed from the COVID-19 pandemic.Gross gaming revenue (GGR) from slot mThe news is also a pleasant surprise because some gaming executives recently speculated that the earliest Beijing would greenlight new IVS issuance would be September.There’s no denying investors like today’s news. On Aug. cashman casino batteriesThe satellite gaming venues, authorized under the state’s 2017 expanded gaming act, were never real popular with the state’s full-scale Category 4 commercial casino operators.Nonetheless, four companies — Penn National Gaming, Stadium Casino, Mount Airy, and Parx — made successful bids to acquire satellite casino permits. The news is also a pleasant surprise because some gaming executives recently speculated that the earliest Beijing would greenlight new IVS issuance would be September.There’s no denying investors like today’s news. Melco Resorts & Entertainment (NASDAQ:MLCO) is higher by four percent on volume that’s already more than double the daily average.It’s a Big DealIVS access for residents of Guangdong, the mainland province closest to Macau and home to approximately 113 milblackjack online indianalion citizens, is vital for the gaming hub’s rebound aspirations.Last year, nearly half of all visitors to the casino center arrived from Guangdong, and of those, 72 percent did so on IVS permits. turtle creek casino website seneca niagara casino dreb coderesorts casino online appMost of those workers were furloughed during the closure of their workplaces. of 2020. Indiana casinos bblackjack online indianaegan reopening on June 15 following a mandatory three-month shutdown, and gamblers have quickly returned, and along with them, revenue. playa bonita angel of the winds casino26, group visas will also be issued again, but parties from regions deemed medium to high-risk for COVID-19 will be denied.News of wider-ranging IVS resumption comes less than two weeks after the Macau Inspection and Coordination Bureau (DICJ) said July gross gaming revenue (GGR) slid 94.5 percent, extending a streak of monthly declines in excess of 90 percent.Pent Up DemandWith IVS policy loosening up, concessionaires’ theory that there’s pent-up demand will be tested. The news is also a pleasant surprise because some gaming executives recently speculated that the earliest Beijing would greenlight new IVS issuance would be September.There’s no denying investors like today’s news. Other mainland China regions join the party on Sept. harrah s casino omaha nebraska golden nugget casino addrebborgata casino hotel roomsMacau is likely to get much busier over the near-term after Guangdong signed off on reissuance of IVS visas. 23. The PGCB’s 2019-20 fiscal year concluded June 30. Customers at Indiana casinos apparently feel safe, as gross gaming revenue was strong in July. That was before the coronavirus hit.News that Guangdong will soon resume granting IVS permissions emerges just a day after Zhuhai. The stocks surged with news that Guangdong province will again issue iblackjack online indianandividual visit scheme (IVS) travel permits on Aug. is fanduel casino down borgata online free casino |