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foxwoods resort casino connecticutRoughly three times the size of Macau, the casinos are interes“I am in no hurry, but things look very good!”In another tweet, Trump said he will not increase existing tariffs on Chinese imports the US is currently levying as trade negotiations between the two sides proceed.Widespread Impact While US/China trade discussions have a long way to go, an important step was taken after Trump said he will allow major US technology companies to again sell products to Chinese telecommunications giant Huawei as long as those goods do not have national security implications.Earlier this year, amid national security concerns, the Commerce Department “blacklisted” Huawei, a major buyer of chips produced by American semiconductor manufacturers. “I am in no hurry, but things look very good!”In another tweet, Trump said he will not increase existing tariffs on Chinese imports the US is currently levying as trade negotiations between the two sides proceed.Widespread Impact While US/China trade discussions have a long way to go, an important step was taken after Trump said he will allow major US technology companies to again sell products to Chinese telecommunications giant Huawei as long as those goods do not have national security implications.Earlier this year, amid national security concerns, the Commerce Department “blacklisted” Huawei, a major buyer of chips produced by American semiconductor manufacturers. brian christopher slots august 2020At the height of the trade tensions in May, the PHLX Semiconductor Sector Index slumped almost 16 percent.That is relevant because technology is the largest sector weight in the S&P 500 and with that group stumbling in May, other market segments, including gaming stocks,harrah s cherokee casino tennebee slumped as well.Of the three US-based gaming companies with significant Macau exposure, MGM Resorts International (NYSE:MGM) was the best performer in the fifth month of the year, losing four percent. LVS, the owner of five Macau properties, including Sands Cotai Central and the Parisian, plunged almost 20 percent in May while rival Wynn slid about 25 percent as US/China trade hostilities flared.The upbeat Macau June GGR and signs trade pressures are ebbing prompted some gaming industry analysts to make somewhat encouraging comments.“We expect all the operators on the upcoming 2Q19 earnings calls to reiterate what is already known: that the high end of the market remains challenging given a number of headwinds and the mass market is stable,” said Barclays analyst Felicia Hendrix in a note obtained by Casino.org. Near-term trade talk fragility has some analysts focusing on gaming stocks with sound long-term fundamentals.“We view Las Vegas Sands as well positioned for long-term growth in the gaming industry because of the attractive long-term growth opportunity of Macau (58% of 2018 EBITDA) and Sands’ dominant mass and non-aming position on the attractive Cotai Strip,” said Morningstar analyst Dan Wasiolek in a note sent to Casino.org.The analyst views Macau gaming and visitation growth trends as “solid” for the next 10 years.ruby star slots

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