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pictures of lake tahoe casinosGross gaming revenue (GGR) in the casino enclave of Macau slid 94.5 percent in August, marking the fifth consecutive month of declines of at least 90 percent. Either way, operators such as Melco Resorts & Entertainment (NASDAQ:MCLO) and Wynn Resorts (NASDAQ:WYNN) need VIP visits to materially rebound to drive share price appreciation.Stability in Macau could be seen as soon as later this year or in early 2021, according to Wieczynski.One Good IdeaConsensus sentiment is that Macau will bounce back faster than other marquee gaming markets, namely Las Vegas and Singapore, and that’s to the benefit of Las Vegas Sands (NYSE:LVS). (Image: Getty Images)On a year-to-date basis, GGR in the world’s largest gaming center is off 82 percent, and on the heels of the rough August number, some analysts are ratcheting down 2020 forecasts.For example, Stifel analyst Steven Wieczynski lowered his estimate on Macau’s 2020 revenue decline to 65 when does kansas star casino opening back uppercent to 75 percent from a previous call of a drop of 60 percent to 70 percent. Gross gaming revenue (GGR) in the casino enclave of Macau slid 94.5 percent in August, marking the fifth consecutive month of declines of at least 90 percent. It’s going to take a while for recently loosened travel controls to have a positive impact on concessionaires’ top and bottom lines. d play in the summer at venues with no fans.Betting on Las VegasSports broadcasting giant ESPN also is expanding in an effort to tap into the sports betting market. hard rock casino jacksonville florida