soaring eagle casino youtubeIt expects earnings before interest, taxes, depreciation and amortization (EBITDA) of million to million on revenue of 0 million to 0 million. Local law gives authorities some wiggle room in that they can renew current accords with gaming companies and revisit the license renewal issue in 2027.Bernstein says it’s probable Macau operators could see some regulations to deal with, and it’s unlikely the market will open to new competitors.“There are many levers at the government’s disposal — e.g., altering the gross gaming revenue (GGR) tax, imposing taxation on gaming profits, imposing taxation on dividends, mandating up-front fees,” according to the brokerage house.Sigh of ReliefFor investors, Bernstein’s commentary on the fate of US operators in Macau is likely a relief, because loss of exposure to that market would be highly damaging to the thesis on these names. It’s not unreasonable to expect Beijing realizes it could do more harm than good to Macau if marquee brands such as Sands and Wynn are driven from the market.“Directly attacking US business (especially ones that have been solid partners to the Macau government) is not a very likely courbig fish casino fbse of action,” notes Bernstein.the angel of the winds casinoIn a separate incident, three people were hospitalized in a shooting on the parking lot at the off-Strip Stage Door Casino.Another shooting on the sidewalk near the Flamingo hotel-casino resulted in one man being hospitalized. The South Point is at the southern end of the Strip.The man had been on the property for about an hour. The resort was locked down for about three hours while authorities searched for a suspect. mgm casino group

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