jugar a blackjack online“As a result, Fitch expects Macau to experience a much deeper economic contraction in 2020 than other ‘AA’ rated peers whose economies are less dependent on tourism.”The lone Chinese territory where gambling is legal depends on gamihow close is the nearest casinong and related tourism to drive roughly 80 percent of annual government receipts, putting it in a tenuous spot at a time when analysts and operators have little visibility regarding when business will return to pre-virus levels.Significant ShrinkageWith gross gaming revenue (GGR) already tumbling and widely expected to post one of the worst annual performances on record this year, Macau’s economy will shrink for a second consecutive year. South Point Hotel, Casino & Spa in Las Vegas is furloughing its 2,200 workers effective May 3, owner Michael Gaughan saying the decision is in their best interests. Only New York has more coronavirus cases.New Jersey Gov. give me free casino slot gamesBut this year’s decline will likely be jaw-dropping.“Fitch projects Macau’s economy will shrink for a second year by 24% in 2020, based on our assumption for a drop in gross gaming revenue of roughly 40%, after a 4.7% contraction in 2019,” said the ratings agency. South Point workers have been home for nearly a month, and now they won’t be paid by the casino resort. “At the same time, Macau remains susceptible to potential changes in China’s broader policy environment.”free casino slots online no download with bonus rounds

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golden nugget casino and hotel las vegasPhil Murphy, Atlantic City Mayor Marty Small Sr. “Macau’s overwhelming dependence on gaming tourism constitutes one of its principal rating constraints. “Macau’s overwhelming dependence on gaming tourism constitutes one of its principal rating constraints. doubledown casino instagramWith no concrete timetable as to when the property located south of the Strip on Las Vegas Boulevard might reopen, he claims the decision makes the most financial sense for workers.“As a result of the ongoing impact of the COVID-19 pandemic and the resort closure mandate through April 30, 2020 by Governor Sisolak, we have had to how close is the nearest casinomake a very difficult decision to furlough most of our employees for an indefinite period beginning on May 3, 2020,” a statement explained.In a letter to employees, Gaughan added, “By being furloughed, you will be better off. With license renewal discussions expected to commence later this year, operators are unlikely to lay off workers, although many are bleeding millions of dollars per day just to keep casinos open for a sparse number of gamblers.Some Good NewsFitch echoes the sentiment that Macau GGR could bounce back next year, while highlighting the SAR’s strong fiscal position, which includes no debt.“Fitch expects fiscal buffers to remain considerable in the medium term. “At the same time, Macau remains susceptible to potential changes in China’s broader policy environment.”firekeepers casino kalamazoo mi

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88 stacks slot machine“At the same time, Macau remains susceptible to potential changes in China’s broader policy environment.”The casino is one of the few non-union properties in Las Vegas. Only New York has more coronavirus cases.New Jersey Gov. Phil Murphy, Atlantic City Mayor Marty Small Sr. Only New York has more coronavirus cases.New Jersey Gov. The facility’s first patients are set to arrive later today.luckyland slots bbb