little river casino frank and charlieThe PGCB’s 2019-20 fiscal year concluded June 30. (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 m26. firekeepers casino 400 qualifyingThe 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. 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 milblackjack online indianalion 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. They noted it would be sometime in the fourth quarter before turnover returned to 60 percent of 2019 levels.free casino slot games real money

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how to win on roulette tableMost of those workers were furloughed during the closure of their workplaces. 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. 26, group visas will also be issued again, but parties from regions deemed medium to high-risk for COVID-19 will be denied.News of wider-ranging IVS resumption comes less than two weeks after the Macau Inspection and Coordination Bureau (DICJ) said July gross gaming revenue (GGR) slid 94.5 percent, extending a streak of monthly declines in excess of 90 percent.Pent Up DemandWith IVS policy loosening up, concessionaires’ theory that there’s pent-up demand will be tested. casinos like red stag casino26. (Image: Bloomberg)The news brings much-needed clarity on IVS policy. The stocks surged with news that Guangdong province will again issue iblackjack online indianandividual visit scheme (IVS) travel permits on Aug. seminole casino florida tampa

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slotocash casino free 300 no deposit(Image: Bloomberg)The news brings much-needed clarity on IVS policy. Macau officials and concessionaires were hoping for guidance since integrated resorts in the world’s largest gaming center were shuttered for 15 days in February. a city in the province, said it would start issuing tourist visas again. The satellite gaming venues, authorized under the state’s 2017 expanded gaming act, were never real popular with the state’s full-scale Category 4 commercial casino operators.Nonetheless, four companies — Penn National Gaming, Stadium Casino, Mount Airy, and Parx — made successful bids to acquire satellite casino permits. The PGCB’s 2019-20 fiscal year concluded June 30. Because of the pandemic, GGR fell 18 percent, total revenue coming in at .72 billion.The pandemic has additionally bedridden any sort of vigor Pennsylvania casino operators had for their so-called mini casinos. is zynga poker down