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palace station casino hotel(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. That’s after the special administrative region (SAR) said some travel controls prompted by a recent outbreak of the coronavirus on mainland China will ease. While that order took effect last week, its enforcement did not start until this week.Masks Also RequiredThe upcoming vaccine mandate isn’t the only step BC health officials have taken to staunch the spread of the virus. coolcat casino 100 free spinsLas Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are among the Macau operators seeing previously moribund shares surge Tuesday. In midday trading, LVS and Wynn are both up more than five percent, while Menew cashman slotslco 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. Recently, Macau casino stocks are soaring on the news of eased travel curbs. island view casino job openings

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casino angel of the windsThe 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. 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 in13,” 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. chumba casino illinois16-Aug. While the pace of recovery in the world’s dominant casino center is confounding executives and investors alike, Macau gaming equities could seenew cashman slots 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. the nearest casino in north carolina

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bovada casino los angelesLas Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are among the Macau operators seeing previously moribund shares surge Tuesday. That’s after the special administrative region (SAR) said some travel controls prompted by a recent outbreak of the coronavirus on mainland China will ease. On Tuesday, they announced a mandatory mask mandate would be in effect starting on Wednesday.While the mask order did not specifically list casinos like the vaccine order, the venues are essentially covered, as the province said people 12 and older must wear masks in any indoor setting regardless of their vaccinatnew cashman slotsion status.Several casinos in the province, including the River Rock Casino Resort, the Grand Villa Casino, and Cascades Casino Kamloops, were already posting on their websites that masks were required for entry.Recently, Macau casino stocks are soaring on the news of eased travel curbs. Visitors mull in front of Wynn Palace in Macau, above. For the week of Aug. free casino slot games double diamond

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