2024.07.17
chinook winds casino transportationWhile the pace of recovery in the world’s dominant casino center is confounding executives and investors alike, Macau gaming equities could seelake tahoe casinos caesars 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. how best to operationalize the introduction of proof of vaccination from our guests at our BC properties, beginning on Sept. Last week, New York City Mayor Bill de Blasio issued a similar order for the city’s businesses. black hawk casino webcamWhile the pace of recovery in the world’s dominant casino center is confounding executives and investors alike, Macau gaming equities could seelake tahoe casinos caesars 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. Recently, Macau casino stocks are soaring on the news of eased travel curbs. But the opposite is proving true. borgata online casino michigan sunset station casino restaurantsfree casino slots for androidIn midday trading, LVS and Wynn are both up more than five percent, while Melake tahoe casinos caesarslco 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. 16-Aug. But more significant travel impediment removals are not likely until next year.”Should that scenario play out, it’d be a boon for the likes of Sands and Wynn, which derive anywhere from two-thirds up to 80 percent of earnings before inseneca niagara casino entertainment upcoming events“We expect GGR improvement beginning in the fourth quarter. (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. 13,” Chuck Keeling, Great Canadian Gaming’s executive vice president for stakeholder relations and responsible gaming, told Casino.org.The BC casinos closed in March 2020 at the onset of the COVID-19 pandemic and remained closed through the end of this June, a 16-month shutdown that affected thousands of workers.British Columbia isn’t the first jurisdiction to call for the vaccine mandate. free online 4 card poker free online casino free bonus no depositborgata casinosBut the opposite is proving true. 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. Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are among the Macau operators seeing previously moribund shares surge Tuesday. 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. From a gaming perspective, New York only has one casino – Resorts World New York City at Aqueduct Racetrack in Queens.Earlier this month, New Orleans Mayor LaToya Cantrell required people going to indoor venues – including Harrah’s New Orleans – to either produce a record of their vaccination or a recent negative test. hallmark casino sister sites online casino indiana |