2024.07.18
cliff castle casino reviewsBut the opposite is proving true. 16-Aug. Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are among the Macau operators seeing previously moribund shares surge Tuesday. sam s town casino entertainmentIn midday trading, LVS and Wynn are both up more than five percent, while Meencore casino gift shoplco 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. In midday trading, LVS and Wynn are both up more than five percent, while Meencore casino gift shoplco 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. Shares of Wynn, which controls Wynn Macau and Wynn Palace, were lower by 17.64 percent this year prior to today.Those moves come less than a week after Macau casino stocks slumped to five-year lows, as analysts fretted that a recent uptick in COVID-19 cases on mainland China would stymie August visitation to the SAR.However, declining case counts and a brighter outlook for travel rules are having palpable impacts on weekly gross gaming revenue (GGR) data, and that’s a positive for operators. draftkings casino arizona river spirit casino in muskogee oklahomachumba casino jackpot winnersFor the week of Aug. For the week of Aug. 16-Aug. free casino slots no download no sign upVisitors mull in front of Wynn Palace in Macau, above. For the week of Aug. But the opposite is proving true. events at mohegan sun casino luckyland slots jackpotsmohegan sun casino valet parkingWhile 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. 16-Aug. For the week of Aug. 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. 16-Aug. 16-Aug. do casinos give free drinks casino 770 poker deuces |