hollywood casino lawrenceburg indianaBut more significant travel impediment removals are not likely until next year.”Should that scenario play out, it’d be a boon for the likes of Sands and Wynn, which derive anywhere from two-thirds up to 80 percent of earnings before inShares of Wynn, which controls Wynn Macau and Wynn Palace, were lower by 17.64 percent this year prior to today.Those moves come less than a week after Macau casino stocks slumped to five-year lows, as analysts fretted that a recent uptick in COVID-19 cases on mainland China would stymie August visitation to the SAR.However, declining case counts and a brighter outlook for travel rules are having palpable impacts on weekly gross gaming revenue (GGR) data, and that’s a positive for operators. Last week, New York City Mayor Bill de Blasio issued a similar order for the city’s businesses. doubledown casino updateBut the opposite is proving true. For the week of Aug. While the pace of recovery in the world’s dominant casino center is confounding executives and investors alike, Macau gaming equities could seelake tahoe casinos caesars brighter days over the near term if authorities further loosen travel controls.We expect the situation to Macau to start getting back to April/May levels in October,” said Bernstein analysts. borgata casino jobs

mgm casino parking

island view casino mabageLas Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are among the Macau operators seeing previously moribund shares surge Tuesday. Last week, New York City Mayor Bill de Blasio issued a similar order for the city’s businesses. (Image: CNBC)Macau officials announced that travelers arriving from Guangdong — the mainland province closest to the casino hub — will be required to present a negative COVID-19 nucleic acid test that’s seven days old or less.That’s down from the prior requirement of a test that’s 48 hours old. bellagio casino wikiShares of Wynn, which controls Wynn Macau and Wynn Palace, were lower by 17.64 percent this year prior to today.Those moves come less than a week after Macau casino stocks slumped to five-year lows, as analysts fretted that a recent uptick in COVID-19 cases on mainland China would stymie August visitation to the SAR.However, declining case counts and a brighter outlook for travel rules are having palpable impacts on weekly gross gaming revenue (GGR) data, and that’s a positive for operators. While the pace of recovery in the world’s dominant casino center is confounding executives and investors alike, Macau gaming equities could seelake tahoe casinos caesars brighter days over the near term if authorities further loosen travel controls.We expect the situation to Macau to start getting back to April/May levels in October,” said Bernstein analysts. That’s after the special administrative region (SAR) said some travel controls prompted by a recent outbreak of the coronavirus on mainland China will ease. slot casino youtube

sunset station casino las vegas

twin river casino hotels with shuttleVisitors mull in front of Wynn Palace in Macau, above. Shares of Wynn, which controls Wynn Macau and Wynn Palace, were lower by 17.64 percent this year prior to today.Those moves come less than a week after Macau casino stocks slumped to five-year lows, as analysts fretted that a recent uptick in COVID-19 cases on mainland China would stymie August visitation to the SAR.However, declining case counts and a brighter outlook for travel rules are having palpable impacts on weekly gross gaming revenue (GGR) data, and that’s a positive for operators. In midday trading, LVS and Wynn are both up more than five percent, while Melake tahoe casinos caesarslco Resorts & Entertainment (NASDAQ:MLCO) is higher by more than 10 percent.Finally, Relief for Macau Casino StocksNews of looser travel rules couldn’t arrive at a better time for Macau concessionaires, many of which are among the worst-performing major gaming equities.Entering today, shares of LVS were off 33.34 percent year-to-date, and the operator of five Macau integrated resorts was one of just a handful of S&P 500 members that hadn’t posted positive returns since the March 23, 2020 market bottom. 16-Aug. But the opposite is proving true. 16-Aug. is luckyland slots legitimate