lightning link casino free vegas slots 10m bonusAs gaming cash dries up and visitation to the Special Administrative Region (SAR) remains scant, Macau is vulnerable to significant economic turbulence due to its dependence on casino revenue, says Fitch Ratings. (Image: Nikkei Asian Review)The research firm affirmed the SAR’s credit rating at AA – one of the highest investment-grade marks – but did so with a “negative” outlook, while forecasting a massive contraction for the local economy this year because of the coronavirus pandemic.Macau’s concentration on gaming tourism exposes its economy to substantial disruptions from lockdown measures imposed to contain the coronavirus pandemic,” said the credit rater in a note obtained by Casino.org. “At the same time, Macau remains susceptible to potential changes in China’s broader policy environment.”river spirit casino okc“Macau’s overwhelming dependence on gaming tourism constitutes one of its principal rating constraints. South Point workers have been home for nearly a month, and now they won’t be paid by the casino resort. 806 positive COVID-19 tests as of Tuesday morning, the disease cited for 4,377 deaths in the Garden State. harrah s cherokee valley river casino murphy north carolina

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seven feathers casino gun showAs gaming cash dries up and visitation to the Special Administrative Region (SAR) remains scant, Macau is vulnerable to significant economic turbulence due to its dependence on casino revenue, says Fitch Ratings. The facility’s first patients are set to arrive later today.“Macau’s overwhelming dependence on gaming tourism constitutes one of its principal rating constraints. winstar world casino rv park“At the same time, Macau remains susceptible to potential changes in China’s broader policy environment.”Only New York has more coronavirus cases.New Jersey Gov. But this year’s decline will likely be jaw-dropping.“Fitch projects Macau’s economy will shrink for a second year by 24% in 2020, based on our assumption for a drop in gross gaming revenue of roughly 40%, after a 4.7% contraction in 2019,” said the ratings agency. captain jack casino bonus codes

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seneca niagara casino king of the cagePhil Murphy, Atlantic City Mayor Marty Small Sr. South Point Hotel, Casino & Spa in Las Vegas is furloughing its 2,200 workers effective May 3, owner Michael Gaughan saying the decision is in their best interests. With license renewal discussions expected to commence later this year, operators are unlikely to lay off workers, although many are bleeding millions of dollars per day just to keep casinos open for a sparse number of gamblers.Some Good NewsFitch echoes the sentiment that Macau GGR could bounce back next year, while highlighting the SAR’s strong fiscal position, which includes no debt.“Fitch expects fiscal buffers to remain considerable in the medium term. Only New York has more coronavirus cases.New Jersey Gov. South Point workers have been home for nearly a month, and now they won’t be paid by the casino resort. Only New York has more coronavirus cases.New Jersey Gov. poker joker casino