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island resort and casino bark riverEither way, operators such as Melco Resorts & Entertainment (NASDAQ:MCLO) and Wynn Resorts (NASDAQ:WYNN) need VIP visits to materially rebound to drive share price appreciation.Stability in Macau could be seen as soon as later this year or in early 2021, according to Wieczynski.One Good IdeaConsensus sentiment is that Macau will bounce back faster than other marquee gaming markets, namely Las Vegas and Singapore, and that’s to the benefit of Las Vegas Sands (NYSE:LVS). Those well-heeled gamblers could be waiting for the arrival of Golden Week in early October or waiting out increasing geoppechanga casino news todayolitical friction between the US and China. Sports betting legislation is pending in seven states, according to the American Gaming Association.turtle lake casino pow wowSports betting legislation is pending in seven states, according to the American Gaming Association.(Image: Getty Images)On a year-to-date basis, GGR in the world’s largest gaming center is off 82 percent, and on the heels of the rough August number, some analysts are ratcheting down 2020 forecasts.For example, Stifel analyst Steven Wieczynski lowered his estimate on Macau’s 2020 revenue decline to 65 pechanga casino news todaypercent to 75 percent from a previous call of a drop of 60 percent to 70 percent. JB Pritzker (D) signed legislation last year that authorized five regional commercial casinos slot casino mod apk golden nugget casino rewardsh r block online gambling“We fully believe investors understand what the Macau market is up against at this point and remain prepared for an uncertain near-term time frame.”Last month, the city of Zhuhai in Guangdong province started reissuing tourist visas, with the rest of the region doing so on Aug. It’s going to take a while for recently loosened travel controls to have a positive impact on concessionaires’ top and bottom lines. Sports betting legislation is pending in seven states, according to the American Gaming Association.online casino 5 dollar minimum deposit usaThe ConsensusMatrix forecast calls for a retrenchment of 73 percent.The waiting game continues. Those well-heeled gamblers could be waiting for the arrival of Golden Week in early October or waiting out increasing geoppechanga casino news todayolitical friction between the US and China. While a 94.5% drop in GGR might normally cause a panic reaction, we would expect to witness a relative no reaction to the August Macau GGR results,” said the Stifel analyst in a note to clients today. bovada casino no deposit bonus codes august 2020 cashman casino supportsunset station casino bowling alleyET on weekdays.Sports betting is legal in 18 states. But with approval times taking a week or longer, it was widely expected that good news wouldn’t have any impact on August GGR figures.Nearing the Bright Side With the freeze on individual visit scheme (IVS) visas lifted in Guangdong, and the rest of the mainland slated to follow suit on Sept. Chicago Mayor Lori Lightfoot (D) has issued a Request for Information (RFI) to solicit ideas and strategies for the city’s forthcoming integrated resort casino. Venetian Macau, a Las Vegas Sands venue. It has been legalized, but is not yet up and running, in four states. It’s going to take a while for recently loosened travel controls to have a positive impact on concessionaires’ top and bottom lines. las atlantis casino login boomtown casino kenner |