coushatta casino telephone numberLas Vegas Sands (NYSE:LVS) remains beholden to a sluggish Macau recovery ahead of its third-quarter earnings report. The event is out this year because of COVID-19. JPMorgan analysts estimate gross gaming revenue (GGR) in Macau averaged .8 million on a daily basis through the first 18 days of October. pa online casino no deposit bonusThat is prompting at least one analyst to take a tepid view of the stock. However, that was based on the notion the special administrative region’s (SAR) gaming-heavy economy would materially spring to life in the current quarter. (Image: Roadracing World)The Golden Week holiday, which concluded on Oct. lucky creek casino ndb codes

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live casino washington dcLas Vegas Sands reports earnings today and one analyst isn’t excited about what the company is likely to say. That is prompting at least one analyst to take a tepid view of the stock. 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. is chukchansi casino buffet openIf that doesn’t happen, the rebound time line gets pushed out to 2022.Travel Woes LingerHindering concessionaires’ ability to shake off the effects of the pandemic are still-slack visitation nuThe reality is that the current quarter revenue and visitation numbers will exceed the low bar set during the first nine months of this year. It delivers results for the September quarter today after the close of US markets. encore casino hotels

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brian christopher slots first videoHowever, the world’s largest casino center remains hamstrung by slow tourist visa approval times, among other issues.LVS is the largest Macau operator. (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 is prompting at least one analyst to take a tepid view of the stock. That’s with a possible fourth-quarter recovery setting the stage for a deeper recovery in 2021.The forecast, however, was speculation. 8, was sluggish compared to prior years. The analyst notes that while a COVID-19 vaccine would be a broader market positive, consumer skepticism means it could be at least six months before a virus treatment positively affects the Las Vegas convention business.Just six percent of the analyst’s LVS price target is derived from Las Vegas, with the rest attributable to Macau and Singapore.Bain is similarly lukewarm on Sands rivals MGM Resorts International (NYSE: MGM) and Wynn Resorts (NASDAQ:WYNN), another Macau-centric name. blackjack casino eblingen