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mgm grand casino foxwoods ctThat change goes into effect early Wednesday, July 15. Today’s price action in shares of operators with exposure to the special administrative region (SAR) proves as much, but there’s still work to be done.For example, plans for a travel bubble between Guangdong, Hong Kong, and Macau recently fell apart because of a resurgence of COVID-19 cases in Hong KonPrimarily, Chinese citizens and Macau residents that work in Guangdong must stay in the province for a set period of time upon entry from the gaming hub, although the timchoctaw casino expansion openinge frame for that required stay isn’t yet known.Small Steps ForwardLiberalizing travel between Guangdong and Macau is a step in the right direction for the gaming center’s recovery hopes. twin river casino reservationsSteve Sisolak (D) ordered last week all bars, pubs, and taverns in several counties that do not serve food to close. The state posted its highest one-day total number of cases of 1,004 on July 9. (Image: Macau News)Guangdong is the nearest province to Macau and serves as a major thoroughfare for mainland gamblers looking to enter the gaming hub. poker casino belfast turtle lake casino pokerkansas star casino mask policyThe average nightly rate in August for a Luxury King room at The Venetian is going for just 8.54 — a 45 percent discount.Today’s price action in shares of operators with exposure to the special administrative region (SAR) proves as much, but there’s still work to be done.For example, plans for a travel bubble between Guangdong, Hong Kong, and Macau recently fell apart because of a resurgence of COVID-19 cases in Hong KonIn 2019, the province accounted for 45 percent of the visits to Macau. ocean online casinoIt has more than 4,000 suites. In midday trading, Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN), which combine to own seven of Macau’s integrated resorts, are both up more than eight percent on the Guangdong news.Essential to RecoveryNews of the relaxed travel policy with Guangdong arrives less than two weeks after Macau said June gross gaming revenue (GGR) was less than million, a staggering 97 percent tumble on a year-over-year basis.Underscoring the gravity of the Guangdong headlines, experts recently said that erasing travel restrictions with that province alone could send Macau monthly GGR figures back to at least 0 million, and perhaps as high as .25 billion.Guangdong is essential to Macau’s fortunes, not only because of proximity but also because of its size. The directive impacts Nevada’s restricted gaming licensees, which include watering holes that are allowed to have up to 15 slot machines.Nevada has 28,515 confirmed coronavirus cases and 593 deaths. bicycle casino bell gardens tachi palace casino fresno cais zynga poker having problemsIt has more than 4,000 suites. Since March 27, Guangdong enforced a 14-day quarantine protocol for anyone entering the region from another area, including Macau.From 6 am on 15 July, all visitors crossing borders between Macau and Guangdong Province will no longer need to undergo 14-day mandatory quarantine,” reports Inside Asian Gaming (IAG). Last week, G2E announced it was canceling the gaming industry tradeshow, meaning the typical 30,000 people who attend the exhibition each year won’t be convening in Southern Nevada.G2E was scheduled for October 5-8 at the Sands Expo & Convention Center, which is connected to the Palazzo and Venetian towers. In what could be the start of a rebound for Macau gaming operators, Guangdong province is lifting its 14-day quarantine policy on all visitors returning from the gaming center. “However, those visitors must be tested negative for COVID-19 within 7 effective days and must hold ‘green’ health codes of Macau and Guangdong.”Sincchoctaw casino expansion openinge border restrictions went into place at the hands of the coronavirus pandemic earlier this year, analysts widely viewed the reopening of travel between Guangdong and Macau as essential to the latter’s recovery hopes. (Image: Macau News)Guangdong is the nearest province to Macau and serves as a major thoroughfare for mainland gamblers looking to enter the gaming hub. hollywood casino 400 qualifying online casino real money paypal no deposit bonus |