seneca niagara casino fireworks 2020Gross gaming revenue on Macau, the only Chinese territory where gambling is permitted, slumped 8.6 percent in August. Last year, October and December were two months when GGR there exceeded .21 billion.The S&P 500 and the CSI 300 Index, a major gauge of equities traded on Mainland China, are well below their 52-week highs, and the trade levies are seen as punitive to consumers in both nations.Looking For Better TimesAnalysts expect that starting this month through the end of 2019, year-over-year comparisons will be easier for Macau operators to match. coushatta casino promotionsSands is one of the dominant operators in Asia, with five Macau venues and one of Singapore’s two casinos.It was also the fifth month of this year where GGR tumbled there on a year-over-year basis, and the worst monthly decrease in percentage terms, using year-over-year comparisons.A slowing Chinese economy, Typhoon Lekima, and the protests in Hong Kong are all believed to have held back traffic at Macau casinos during the month,” according to Seeking Alpha.Year-to-date, Macau GGR stands at .50 billion through the end of August, almost two percent lower than where it was at this time last year.What’s Plaguing Macau?Ongoing pro-democracy protests in Hong Kong have also been cited as a reason for the decline in August gaming activity in Macau. Downtown Rockford, Ill. encore casino vegas

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black bear casino win lob statement23. 23. (Image: South China Morning Post)Macau’s August GGR totaled .01 billion in the eightturtle.lake casinoh month of the year, down from .28 billion a year earlier, according to data published Sunday by the region’s Gaming Inspection and Coordination Bureau (DICJ). downstream casino newsThe move immediately paid dividends, as some large financial institutions from other Asian countries swiftly gobbled up shares of Vietnamese lenders earlier this year.Among the major operators that are believed to be eyeing Vietnam, Las Vegas Sands has expressed interest in an integrated resort in Hanoi or Ho Chi Minh City, the country’s two largest metropolitan areas. Downtown Rockford, Ill. That could bring a welcomed respite for operators such as Las Vegas Sands and Wynn Resorts, which own a combined seven casinos on the peninsula.Historical data from DICJ indicate that while September is usually a slow GGR month for Macau properties, activity often picks up in the fourth quarter. hallmark casino free spins

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