2024.07.18
boomtown casino keno22, Macau GGR surged 55 percent from the previous week, according to research firm Bernstein.Maybe Brighter Days AheadWhen the coronavirus pandemic initially emerged last year, analysts speculated that Macau operators would rebound more rapidly than US-centric rivals. But more significant travel impediment removals are not likely until next year.”Should that scenario play out, it’d be a boon for the likes of Sands and Wynn, which derive anywhere from two-thirds up to 80 percent of earnings before inWhile the pace of recovery in the world’s dominant casino center is confounding executives and investors alike, Macau gaming equities could seebovada casino login brighter days over the near term if authorities further loosen travel controls.We expect the situation to Macau to start getting back to April/May levels in October,” said Bernstein analysts. black bear casino hotel couponsFrom a gaming perspective, New York only has one casino – Resorts World New York City at Aqueduct Racetrack in Queens.Earlier this month, New Orleans Mayor LaToya Cantrell required people going to indoor venues – including Harrah’s New Orleans – to either produce a record of their vaccination or a recent negative test. For the week of Aug. Visitors mull in front of Wynn Palace in Macau, above. morongo casino ev charging hollywood casino toledowild horse pab casino sports bookLast week, New York City Mayor Bill de Blasio issued a similar order for the city’s businesses. Visitors mull in front of Wynn Palace in Macau, above. The other requirement accompanying the negative test is that would-be Macau visitors cannot have traveled to Hong Kong, Taiwan, or any other foreign country prior to arriving in the gaming center.A spokesperson for Macau’s Public Security Police, Lei Tak Fai, said the relaxed testing protocol goes into effect on Wednesday.Guangdong accounts for approximately 45 percent of the annual visits to the SAR, and Macau casino stocks are responding to the good news. morongo casino outlet mallLast week, New York City Mayor Bill de Blasio issued a similar order for the city’s businesses. Visitors mull in front of Wynn Palace in Macau, above. Last week, New York City Mayor Bill de Blasio issued a similar order for the city’s businesses. twin river casino free drinks rsweeps riversweeps online casinomohegan sun casino tripadvisor22, Macau GGR surged 55 percent from the previous week, according to research firm Bernstein.Maybe Brighter Days AheadWhen the coronavirus pandemic initially emerged last year, analysts speculated that Macau operators would rebound more rapidly than US-centric rivals. While that order took effect last week, its enforcement did not start until this week.Masks Also RequiredThe upcoming vaccine mandate isn’t the only step BC health officials have taken to staunch the spread of the virus. The other requirement accompanying the negative test is that would-be Macau visitors cannot have traveled to Hong Kong, Taiwan, or any other foreign country prior to arriving in the gaming center.A spokesperson for Macau’s Public Security Police, Lei Tak Fai, said the relaxed testing protocol goes into effect on Wednesday.Guangdong accounts for approximately 45 percent of the annual visits to the SAR, and Macau casino stocks are responding to the good news. 22, Macau GGR surged 55 percent from the previous week, according to research firm Bernstein.Maybe Brighter Days AheadWhen the coronavirus pandemic initially emerged last year, analysts speculated that Macau operators would rebound more rapidly than US-centric rivals. While the pace of recovery in the world’s dominant casino center is confounding executives and investors alike, Macau gaming equities could seebovada casino login brighter days over the near term if authorities further loosen travel controls.We expect the situation to Macau to start getting back to April/May levels in October,” said Bernstein analysts. In midday trading, LVS and Wynn are both up more than five percent, while Mebovada casino loginlco Resorts & Entertainment (NASDAQ:MLCO) is higher by more than 10 percent.Finally, Relief for Macau Casino StocksNews of looser travel rules couldn’t arrive at a better time for Macau concessionaires, many of which are among the worst-performing major gaming equities.Entering today, shares of LVS were off 33.34 percent year-to-date, and the operator of five Macau integrated resorts was one of just a handful of S&P 500 members that hadn’t posted positive returns since the March 23, 2020 market bottom. chinook winds and casino cashman casino reddit |