sunset station casino mapThat’s prompting the operators to pull billions of Hong Kong dollars from accounts held at Macau gaming properties.Casino companies are looking to allay those concerns, with some executives noting that because Macau is Chinese territory, money moved from the mainland to the SAR isn’t considered an international transfer.Operators potentially sensitive to weakness in VIP spending include Meroulette casino practicelco Resorts & Entertainment and Wynn Macau, while rivals Galaxy Entertainment and Las Vegas Sands derive larger slices of their business from mass and premium mass patrons.Some Good NewsWhile Macau operators delivered a dismal batch of third-quarter results, there was one positive commonality. That’s while mass market baccarat accounted for 38.40 percent share.Uncertainty LingersAmid persistent uncertainty about the state of affairs with affluent Chinese gamblers, Bernstein says it’s not assuming there will not be a credible VIP rebound prior to 2023.That’s a long timeline, particularly against the coronavirus backdrop, and is extended by junket operators’ concerns about Beijing’s money transfer policy. Visitation and gross gaming revenue in Macau, the company’s most important market, is perking up. roulette casino kolnWell-heeled gamblers playing that table game, which is beloved in Macau, drove a market share of almost 48 percent in the July through September period. Additionally, Sands is accruing some momentum. (Image: Bloomberg)Earlier this week, the Wall Street bank published a list of its top 10 rebound ideas for next year. 24 7 casino near me

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