2024.07.19
turtle lake casino in wisconsinBut average daily GGR for that period was .1 million. The reality is that the current quarter revenue and visitation numbers will exceed the low bar set during the first nine months of this year. That is prompting at least one analyst to take a tepid view of the stock. free online respin slotsThe reality is that the current quarter revenue and visitation numbers will exceed the low bar set during the first nine months of this year. JPMorgan analysts estimate gross gaming revenue (GGR) in Macau averaged .8 million on a daily basis through the first 18 days of October. That’s with a possible fourth-quarter recovery setting the stage for a deeper recovery in 2021.The forecast, however, was speculation. free slot machine svg aliante casino gift daysplay borgata online casino(Image: CNBC)In a note to clients Wednesday, Roth Capital analyst David Bain reiterates a “neutral” rating and price target on Sands, saying the company is likely to emphasize long-term conviction on the Asia-Pacific region (Macau and Singapore) despite limited near-term visibility.While the structural visitation impediments should diminish within the next few months, a catalyst for Macau visitation/earnings, we believe it is already captured in consensus estimates,” said the analyst.Traffic to the special administrative region (SAR) is trending higher this month. ogram offered by a commercial operator in the top six and ranks well ahead of Boyd Gaming’s B Connected and MGM Resorts’ M life Rewards, which are ninth and tenth, respectively.(Image: CNBC)In a note to clients Wednesday, Roth Capital analyst David Bain reiterates a “neutral” rating and price target on Sands, saying the company is likely to emphasize long-term conviction on the Asia-Pacific region (Macau and Singapore) despite limited near-term visibility.While the structural visitation impediments should diminish within the next few months, a catalyst for Macau visitation/earnings, we believe it is already captured in consensus estimates,” said the analyst.Traffic to the special administrative region (SAR) is trending higher this month. blackjack casino styleThe event is out this year because of COVID-19. 8, was sluggish compared to prior years. 8, was sluggish compared to prior years. blackjack casino jobs wild orchid casino gamedesert diamond casino dreb codeThat figure declined to .1 million a day last week, according to JPMorgan.That is (obviously) weaker than Golden Week’s MOP0 million (US.1 million), but well above September’s MOP million. Scenes from the 2017 Macau Motorcycle Grand Prix. (Image: CNBC)In a note to clients Wednesday, Roth Capital analyst David Bain reiterates a “neutral” rating and price target on Sands, saying the company is likely to emphasize long-term conviction on the Asia-Pacific region (Macau and Singapore) despite limited near-term visibility.While the structural visitation impediments should diminish within the next few months, a catalyst for Macau visitation/earnings, we believe it is already captured in consensus estimates,” said the analyst.Traffic to the special administrative region (SAR) is trending higher this month. That’s a far cry from pre-coronavirus pandemic levels, but still a marked improvement over September’s tally. However, recovery timelines are being pushed out as far as 2022 amid weakness in the VIP segment and Beijing’s heavy-handed approach to cross-border money flows.“We believe some of these issues may depress Macau stock multiples until there is higher visibility,” said Bain.The analyst adds that visitation pickup may not be as “acute” as some previously hoped, and that day trips to the gaming hub, previously an integral driver of tourist volume, will “take some time to return to normalcy.”Talking Las VegasIn its home market of Las Vegas, LVS previously acknowledged struggles with executives offering candid commentary about the state of the largest domestic gaming market following the operator’s second-quarter earnings report. He rates both of those stocks “neutral.”blackjack casino friv black oak casino events |