2024.07.17
drake casino no deposit bonus codes july 2020(Image: Roadracing World)The Golden Week holiday, which concluded on Oct. But average daily GGR for that period was .1 million. That is prompting at least one analyst to take a tepid view of the stock. free entry online poker tournamentsJPMorgan 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. The Sands Macau seen here. raging bull casino payout time bovada online casinoharrah s cherokee valley river casino jobsThe 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. That’s with a possible fourth-quarter recovery setting the stage for a deeper recovery in 2021.The forecast, however, was speculation. 8, was sluggish compared to prior years. no deposit bonus casino withdrawableThe Sands Macau seen here. Las Vegas Sands reports earnings today and one analyst isn’t excited about what the company is likely to say. 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. online gambling real money slots blackjack online riggedpoker casino downtownHowever, that was based on the notion the special administrative region’s (SAR) gaming-heavy economy would materially spring to life in the current quarter. Scenes from the 2017 Macau Motorcycle Grand Prix. That’s with a possible fourth-quarter recovery setting the stage for a deeper recovery in 2021.The forecast, however, was speculation. Wall Street is calling for a loss of 67 cents a share on revenue of 4.34 million. However, recovery timelines are being pushed out as far as 2022 amid weakness in the VIP segment and Beijing’s heavy-handed approach to cross-border money flows.“We believe some of these issues may depress Macau stock multiples until there is higher visibility,” said Bain.The analyst adds that visitation pickup may not be as “acute” as some previously hoped, and that day trips to the gaming hub, previously an integral driver of tourist volume, will “take some time to return to normalcy.”Talking Las VegasIn its home market of Las Vegas, LVS previously acknowledged struggles with executives offering candid commentary about the state of the largest domestic gaming market following the operator’s second-quarter earnings report. Scenes from the 2017 Macau Motorcycle Grand Prix. soaring eagle casino covid 19 free casino slot games without downloading |