2024.07.18
free slots landShares of Wynn, which controls Wynn Macau and Wynn Palace, were lower by 17.64 percent this year prior to today.Those moves come less than a week after Macau casino stocks slumped to five-year lows, as analysts fretted that a recent uptick in COVID-19 cases on mainland China would stymie August visitation to the SAR.However, declining case counts and a brighter outlook for travel rules are having palpable impacts on weekly gross gaming revenue (GGR) data, and that’s a positive for operators. Recently, Macau casino stocks are soaring on the news of eased travel curbs. 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. raging bull casino instant playVisitors mull in front of Wynn Palace in Macau, above. 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.Shares of Wynn, which controls Wynn Macau and Wynn Palace, were lower by 17.64 percent this year prior to today.Those moves come less than a week after Macau casino stocks slumped to five-year lows, as analysts fretted that a recent uptick in COVID-19 cases on mainland China would stymie August visitation to the SAR.However, declining case counts and a brighter outlook for travel rules are having palpable impacts on weekly gross gaming revenue (GGR) data, and that’s a positive for operators. lucky creek casino free bonus codes thunder valley casino promotions3 reel slot machines“We expect GGR improvement beginning in the fourth quarter. Visitors mull in front of Wynn Palace in Macau, above. From a gaming perspective, New York only has one casino – Resorts World New York City at Aqueduct Racetrack in Queens.Earlier this month, New Orleans Mayor LaToya Cantrell required people going to indoor venues – including Harrah’s New Orleans – to either produce a record of their vaccination or a recent negative test. choctaw casino fort smith arkansasOn 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.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. 22, Macau GGR surged 55 percent from the previous week, according to research firm Bernstein.Maybe Brighter Days AheadWhen the coronavirus pandemic initially emerged last year, analysts speculated that Macau operators would rebound more rapidly than US-centric rivals. wild goose casino ellensburg wa slot heroes casinodownstream casino logoLas Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are among the Macau operators seeing previously moribund shares surge Tuesday. Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are among the Macau operators seeing previously moribund shares surge Tuesday. 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.Visitors mull in front of Wynn Palace in Macau, above. 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. 16-Aug. winstar world casino event center free slot games to play on my phone |