2024.07.12
mychoice casino monthly creditsJB Pritzker (D) signed legislation last year that authorized five regional commercial casinos in the Chicago suburbs, plus a larger IR complex downtown.A feasibility study of the tax structure on the downtown casino resort concluded that the fees were too exorbitant to make the license an attractive investment opportunity. (Image: Getty Images)On a year-to-date basis, GGR in the world’s largest gaming center is off 82 percent, and on the heels of the rough August number, some analysts are ratcheting down 2020 forecasts.For example, Stifel analyst Steven Wieczynski lowered his estimate on Macau’s 2020 revenue decline to 65 percent to 75 percent from a previous call of a drop of 60 percent to 70 percent. Chicago Mayor Lori Lightfoot (D) has issued a Request for Information (RFI) to solicit ideas and strategies for the city’s forthcoming integrated resort casino. seneca niagara casino new years eve 2020Venetian Macau, a Las Vegas Sands venue. (Image: iStock)The goal of the RFI is for city officials to receive perspective from integrated resort (IR) operators and real estate developers on key issues that will be considered when evaluating proposals for the lone casino license. Venetian Macau, a Las Vegas Sands venue. island resort and casino rv park no deposit bonus vegas casino onlineboomtown casino entertainment scheduleEither way, operators such as Melco Resorts & Entertainment (NASDAQ:MCLO) and Wynn Resorts (NASDAQ:WYNN) need VIP visits to materially rebound to drive share price appreciation.Stability in Macau could be seen as soon as later this year or in early 2021, according to Wieczynski.One Good IdeaConsensus sentiment is that Macau will bounce back faster than other marquee gaming markets, namely Las Vegas and Singapore, and that’s to the benefit of Las Vegas Sands (NYSE:LVS). Questions include optimal location, having a temporary casino during construction, and what amenities would maximize the complex’s revenue potential.The mayor is also asking what minimum acreage is needed for such a venue, how existing assets (Image: iStock)The goal of the RFI is for city officials to receive perspective from integrated resort (IR) operators and real estate developers on key issues that will be considered when evaluating proposals for the lone casino license. paragon casino resort buffetThose well-heeled gamblers could be waiting for the arrival of Golden Week in early October or waiting out increasing geopolitical friction between the US and China. An analyst says that’s the preferred Macau stock to consider. An analyst says that’s the preferred Macau stock to consider. hollywood casino 400 qualifying caesar casino jerseyturtle lake casino hotel reservationsAn analyst says that’s the preferred Macau stock to consider. The ConsensusMatrix forecast calls for a retrenchment of 73 percent.The waiting game continues. Illinois Gov. While a 94.5% drop in GGR might normally cause a panic reaction, we would expect to witness a relative no reaction to the August Macau GGR results,” said the Stifel analyst in a note to clients today. Illinois Gov. (Image: iStock)The goal of the RFI is for city officials to receive perspective from integrated resort (IR) operators and real estate developers on key issues that will be considered when evaluating proposals for the lone casino license. play free slots for fun seneca niagara casino concerts 2021 |