2024.07.19
brian christopher slots subscribersGross gaming revenue on Macau, the only Chinese territory where gambling is permitted, slumped 8.6 percent in August. Beijing fired back with tariffs on billion worth of American imports.Both countries have incentive to ameliorate the tariff situation. Last year, October and December were two months when GGR there exceeded .21 billion.paragon casino openingThe S&P 500 and the CSI 300 Index, a major gauge of equities traded on Mainland China, are well below their 52-week highs, and the trade levies are seen as punitive to consumers in both nations.Looking For Better TimesAnalysts expect that starting this month through the end of 2019, year-over-year comparisons will be easier for Macau operators to match. The municipality set a deadline of 2 p.m. Analysts badly underestimated an August decline in Macau gaming revenue. coushatta casino winners 2021 hard rock casino t shirtbrian christopher slots recentLast year, October and December were two months when GGR there exceeded .21 billion.The municipality set a deadline of 2 p.m. 23. wild vegas casino no deposit bonus codes 2021Gross gaming revenue on Macau, the only Chinese territory where gambling is permitted, slumped 8.6 percent in August. It was also the fifth month of this year where GGR tumbled there on a year-over-year basis, and the worst monthly decrease in percentage terms, using year-over-year comparisons.A slowing Chinese economy, Typhoon Lekima, and the protests in Hong Kong are all believed to have held back traffic at Macau casinos during the month,” according to Seeking Alpha.Year-to-date, Macau GGR stands at .50 billion through the end of August, almost two percent lower than where it was at this time last year.What’s Plaguing Macau?Ongoing pro-democracy protests in Hong Kong have also been cited as a reason for the decline in August gaming activity in Macau. Last year, October and December were two months when GGR there exceeded .21 billion.black lotus casino october 2021 harrah s cherokee casino webcamsam s town casino hotel phone numberBeijing fired back with tariffs on billion worth of American imports.Both countries have incentive to ameliorate the tariff situation. The move immediately paid dividends, as some large financial institutions from other Asian countries swiftly gobbled up shares of Vietnamese lenders earlier this year.Among the major operators that are believed to be eyeing Vietnam, Las Vegas Sands has expressed interest in an integrated resort in Hanoi or Ho Chi Minh City, the country’s two largest metropolitan areas. It was also the fifth month of this year where GGR tumbled there on a year-over-year basis, and the worst monthly decrease in percentage terms, using year-over-year comparisons.A slowing Chinese economy, Typhoon Lekima, and the protests in Hong Kong are all believed to have held back traffic at Macau casinos during the month,” according to Seeking Alpha.Year-to-date, Macau GGR stands at .50 billion through the end of August, almost two percent lower than where it was at this time last year.What’s Plaguing Macau?Ongoing pro-democracy protests in Hong Kong have also been cited as a reason for the decline in August gaming activity in Macau. Currently, companies that construct equity indexes for use by fund issuers classify Vietnam as a frontier economy. (Image: South China Morning Post)Macau’s August GGR totaled .01 billion in the eightamerican casino roulette wheelh month of the year, down from .28 billion a year earlier, according to data published Sunday by the region’s Gaming Inspection and Coordination Bureau (DICJ). The municipality set a deadline of 2 p.m. slot machine morongo casino scarlet pearl casino new members |