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clearwater casino lodgeIllinois Gov. (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 pechanga casino news todaypercent to 75 percent from a previous call of a drop of 60 percent to 70 percent. 26. angel of the winds casino hours of operationChicago Mayor Lori Lightfoot (D) has issued a Request for Information (RFI) to solicit ideas and strategies for the city’s forthcoming integrated resort casino. Sports betting legislation is pending in seven states, according to the American Gaming Association.Those well-heeled gamblers could be waiting for the arrival of Golden Week in early October or waiting out increasing geoppechanga casino news todayolitical friction between the US and China. is riverwind casino pet friendly

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kansas star casino careers23, there are reasons to believe the last few months of 2020 will bring better data out of the Chinese gaming center.There does seem to be light at the end of the tunnel, as visitation levels are slowly improving, given the recent IVS ban has been lifted,” said Wieczynski.Over the near-term, a primary issue for Macau operators is that VIP and premium mass players are still in wait-and-see mode. Gross gaming revenue (GGR) in the casino enclave of Macau slid 94.5 percent in August, marking the fifth consecutive month of declines of at least 90 percent. The network began operations in Las Vegas last month in a 6,000-square-foot studio at the LINQ Hotel.The network initially is producing segments from the studio for its digital platforms and a SportsCenter news and highlights show.Beginning Sept. d play in the summer at venues with no fans.Betting on Las VegasSports broadcasting giant ESPN also is expanding in an effort to tap into the sports betting market. 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. Either 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). desert diamond casino rewards