2024.07.17
sunset station casino kenoIn midday trading, LVS and Wynn are both up more than five percent, while Mebovada casino loginlco Resorts & Entertainment (NASDAQ:MLCO) is higher by more than 10 percent.Finally, Relief for Macau Casino StocksNews of looser travel rules couldn’t arrive at a better time for Macau concessionaires, many of which are among the worst-performing major gaming equities.Entering today, shares of LVS were off 33.34 percent year-to-date, and the operator of five Macau integrated resorts was one of just a handful of S&P 500 members that hadn’t posted positive returns since the March 23, 2020 market bottom. (Image: CNBC)Macau officials announced that travelers arriving from Guangdong — the mainland province closest to the casino hub — will be required to present a negative COVID-19 nucleic acid test that’s seven days old or less.That’s down from the prior requirement of a test that’s 48 hours old. Recently, Macau casino stocks are soaring on the news of eased travel curbs. hallmark casino promo codes 2020Visitors mull in front of Wynn Palace in Macau, above. 16-Aug. But the opposite is proving true. riverwind casino oklahoma online gambling busineb for salekenny loggins thunder valley casinoFor the week of Aug. But the opposite is proving true. 16-Aug. cool cat casino coupon codesWhile the pace of recovery in the world’s dominant casino center is confounding executives and investors alike, Macau gaming equities could seebovada casino login brighter days over the near term if authorities further loosen travel controls.We expect the situation to Macau to start getting back to April/May levels in October,” said Bernstein analysts. (Image: CNBC)Macau officials announced that travelers arriving from Guangdong — the mainland province closest to the casino hub — will be required to present a negative COVID-19 nucleic acid test that’s seven days old or less.That’s down from the prior requirement of a test that’s 48 hours old. 16-Aug. desert diamond casino card games boomtown casino employmentdrake casino deposit bonus16-Aug. how best to operationalize the introduction of proof of vaccination from our guests at our BC properties, beginning on Sept. The other requirement accompanying the negative test is that would-be Macau visitors cannot have traveled to Hong Kong, Taiwan, or any other foreign country prior to arriving in the gaming center.A spokesperson for Macau’s Public Security Police, Lei Tak Fai, said the relaxed testing protocol goes into effect on Wednesday.Guangdong accounts for approximately 45 percent of the annual visits to the SAR, and Macau casino stocks are responding to the good news. While the pace of recovery in the world’s dominant casino center is confounding executives and investors alike, Macau gaming equities could seebovada casino login brighter days over the near term if authorities further loosen travel controls.We expect the situation to Macau to start getting back to April/May levels in October,” said Bernstein analysts. “We expect GGR improvement beginning in the fourth quarter. For the week of Aug. borgata casino online phone number tropicana casino resort laughlin |