2024.07.17
little river casino vaccineIt delivers results for the September quarter today after the close of US markets. JPMorgan analysts estimate gross gaming revenue (GGR) in Macau averaged .8 million on a daily basis through the first 18 days of October. That 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. pechanga casino gas stationWall Street is calling for a loss of 67 cents a share on revenue of 4.34 million. 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. If 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 nupechanga casino and hotel zynga poker casino goldroyal ace casino redeem couponogram 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.Las Vegas Sands reports earnings today and one analyst isn’t excited about what the company is likely to say. (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. free casino slots downloadScenes from the 2017 Macau Motorcycle Grand Prix. Las Vegas Sands reports earnings today and one analyst isn’t excited about what the company is likely to say. But average daily GGR for that period was .1 million. seminole casino roulette gold coast casino dinner and showonline gambling oddsThat is prompting at least one analyst to take a tepid view of the stock. Las Vegas Sands reports earnings today and one analyst isn’t excited about what the company is likely to say. Analysts are forecasting total adjusted earnings before interest, taonline gambling platformsxes, depreciation and amortization (EBITDA) loss of 7 million, with a loss of 1.3 million sourced from Macau.Evolving Views on Macau RecoveryWhen the coronavirus pandemic initially burst onto the scene earlier this year, forcing a 15-day closure of Macau gaming properties in February, the pervasive view was that concessionaires there would struggle for the bulk of 2020. That’s a far cry from pre-coronavirus pandemic levels, but still a marked improvement over September’s tally. It delivers results for the September quarter today after the close of US markets. 8, was sluggish compared to prior years. black bear casino gabriel iglesias mychoice casino customer service |