gold coast casino facebookThe 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. Scenes from the 2017 Macau Motorcycle Grand Prix. It reflects the IVS resumption for non-Guangdong residents (which kicked-in in earnest after Golden Week given lead-time,” note the bank’s analysts.During the earlier sdoubledown casino home facebooktages of the coronavirus pandemic, analysts widely forecast a recovery for Macau concessionaires, one supported by pent-up demand, in 2021. pechanga casino directionsThat is prompting at least one analyst to take a tepid view of the stock. The reality is that the current quarter revenue and visitation numbers will exceed the low bar set during the first nine months of this year. Las Vegas Sands (NYSE:LVS) remains beholden to a sluggish Macau recovery ahead of its third-quarter earnings report. thunder valley casino owner

resorts casino no deposit bonus code

morongo casino military discountHowever, 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. It delivers results for the September quarter today after the close of US markets. He rates both of those stocks “neutral.”free online poker against computerHe rates both of those stocks “neutral.”Wall Street is calling for a loss of 67 cents a share on revenue of 4.34 million. That is prompting at least one analyst to take a tepid view of the stock. wild casino ag bonus codes

new casino table games 2020

tachi palace casino age limitThat’s with a possible fourth-quarter recovery setting the stage for a deeper recovery in 2021.The forecast, however, was speculation. Las Vegas Sands reports earnings today and one analyst isn’t excited about what the company is likely to say. (Image: Roadracing World)The Golden Week holiday, which concluded on Oct. (Image: CNBC)In a note to clients Wednesday, Roth Capital analyst David Bain reiterates a “neutral” rating and price target on Sands, saying the company is likely to emphasize long-term conviction on the Asia-Pacific region (Macau and Singapore) despite limited near-term visibility.While the structural visitation impediments should diminish within the next few months, a catalyst for Macau visitation/earnings, we believe it is already captured in consensus estimates,” said the analyst.Traffic to the special administrative region (SAR) is trending higher this month. The reality is that the current quarter revenue and visitation numbers will exceed the low bar set during the first nine months of this year. That’s a far cry from pre-coronavirus pandemic levels, but still a marked improvement over September’s tally. online casino poker real money