sam s town casino bobier cityThe stocks surged with news that Guangdong province will again issue i9 casino road marinondividual visit scheme (IVS) travel permits on Aug. (Image: Michelle Pemberton/IndyStar)The Indiana Gaming Commission (IGC) this week released casino revenue data for July, and the state’s 13 commercial gaming venues have surprisingly quickly healed from the COVID-19 pandemic.Gross gaming revenue (GGR) from slot mOn Tuesday, shares of Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) soared again. viejas casino open today“Now, the only meaningful ‘unknown’ is timing of the Hong Kong SAR border/quarantine easing, as demand from Hong Kong probably comprised ~10% of pre-COVID GGR, per our rough estimates.”Prior to today’s IVS announcement, JPMorgan forecast August and September GGR declines in Macau of 85 percent and 70 percent, respectively. “Now, the only meaningful ‘unknown’ is timing of the Hong Kong SAR border/quarantine easing, as demand from Hong Kong probably comprised ~10% of pre-COVID GGR, per our rough estimates.”Prior to today’s IVS announcement, JPMorgan forecast August and September GGR declines in Macau of 85 percent and 70 percent, respectively. Most of those workers were furloughed during the closure of their workplaces. seneca casino niagara falls usa

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events at black bear casinoIssuance of those travel permits was halted late last year in advance of President Xi Jinping’s visit to the special administrative region (SAR). Analysts, some of whom were surprised by the Tuesday announcement, agree there could be a significant near-term bump in visits to Macau, while noting prior estimates could now prove too conservative.Recall, Macau is the only city outside mainland to/from which mainland Chinese can freely travel without quarantine,” according to JPMorgan. The news is also a pleasant surprise because some gaming executives recently speculated that the earliest Beijing would greenlight new IVS issuance would be September.There’s no denying investors like today’s news. silver oak casino no deposit bonus codes 2021 augustThe PGCB’s 2019-20 fiscal year concluded June 30. Indiana casinos b9 casino road marinoegan reopening on June 15 following a mandatory three-month shutdown, and gamblers have quickly returned, and along with them, revenue. Macau is likely to get much busier over the near-term after Guangdong signed off on reissuance of IVS visas. is zynga poker free

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firekeepers casino slotsa city in the province, said it would start issuing tourist visas again.  of 2020. Melco Resorts & Entertainment (NASDAQ:MLCO) is higher by four percent on volume that’s already more than double the daily average.It’s a Big DealIVS access for residents of Guangdong, the mainland province closest to Macau and home to approximately 113 mil9 casino road marinolion citizens, is vital for the gaming hub’s rebound aspirations.Last year, nearly half of all visitors to the casino center arrived from Guangdong, and of those, 72 percent did so on IVS permits. Construction was underway on both facilities.Analysts, some of whom were surprised by the Tuesday announcement, agree there could be a significant near-term bump in visits to Macau, while noting prior estimates could now prove too conservative.Recall, Macau is the only city outside mainland to/from which mainland Chinese can freely travel without quarantine,” according to JPMorgan. On Tuesday, shares of Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) soared again. who owns palace station casino