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hallmark casino free spinsBut average daily GGR for that period was .1 million. The event is out this year because of COVID-19. (Image: Roadracing World)The Golden Week holiday, which concluded on Oct. hallmark casino codigos gratisLas Vegas Sands reports earnings today and one analyst isn’t excited about what the company is likely to say. But average daily GGR for that period was .1 million. Scenes from the 2017 Macau Motorcycle Grand Prix. foxwoods resort casino parking mohegan sun casino online ctvalley forge casino concertsThe 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. 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. The event is out this year because of COVID-19. lucky tiger casino coupon codeIt delivers results for the September quarter today after the close of US markets. The event is out this year because of COVID-19. That’s with a possible fourth-quarter recovery setting the stage for a deeper recovery in 2021.The forecast, however, was speculation. casino extreme coupon codes no deposit river spirit casino landsharkis pechanga kid friendly(Image: Roadracing World)The Golden Week holiday, which concluded on Oct. But average daily GGR for that period was .1 million. 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 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. 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. Las Vegas Sands (NYSE:LVS) remains beholden to a sluggish Macau recovery ahead of its third-quarter earnings report. santa ana casino careers harrah s casino atlanta |