seminole gaming casinoMelco Resorts & Entertainment’s (NASDAQ:MLCO) status as an Asia-based company keeps it away from some of the controversies facing other Macau operators. It also makes it a top idea for investors seeking exposure to the world’s largest casino center, according to one analyst. ith fewer people gambling in the spring, tax collections from Arkansas casinos fell sharply. royal ace casino bonus codes september 2020Bain said that trend was on display in the June quarter.Less Risk, More UpsideThere are six Macau concessionaires, three of which are US-based companies: Las Vegas Sands (NYSE:LVS), MGM Resorts International (NYSEmorongo casino coronavirus update:MGM), and Wynn Resorts (NASDAQ:WYNN).Amid ongoing geopolitical tensions between the world’s two largest economies, analysts believe there is some concession renewal risk facing US operators in Macau. (Image: Pinterest)In noting the gaming company is “de-risked” from its peers, Roth Capital analyst David Bain reiterates a “buy” rating on the City of Dreams operator, while pointing out shares of Melco are attractively valued, among other favorable traits.We believe MLCO is the go-to stock with Macau exposure, particularly given the current environment,” said Bain in a note to clients.In Macau, Melco also operates Altira Macau and Studio City in addition to City of Dreams. For decades, illegal casinos operated openly in Hot Springs until being shut down in the 1960s. hard rock casino buffet

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palace station casino in las vegasAsa Hutchinson (R) directed casinos to close at the pandemic’s onset in March but allowed them to reopen in May.Under the state Department of Health directives, casinos in the Natural State are operating at 66 percent capacity.Tax revenue from casinos was down more than .7 million from May 2019 to May 2020, according to the latest figures from the state Department of Finance and Administration. Gaming licenses in the SAR come due in 2022, and potential headwinds for those companies are heightened because of the Trump Administration’s aggressive posture toward China, including a recent ban of the messaging app WeChat.Bain points out Melco isn’t levered to concession renewal risk, tBecause of the coronavirus pandemic, 2020 is a year of struggles for concessionaires in the special administrative region (SAR).The weakness is reflected by an almost 23 percent year-to-date loss for Melco stock. In the horse racing world, the annual Arkansas Derby is seen as a significant event leading up to the high-profile Triple Crown races.Hot Springs also has a storied history in casino gambling. An analyst called operator Melco Resorts the best way to play a recovery there. The casinos are Southland Casino Racing in West Memphis, Oaklawn Racing Casino Resort in Hot Springs, and Saracen Casino Resort in Pine Bluff.Gov. bicycle casino hotel