2024.07.12
oxford casino employeesHard Rock International is among three bidders looking to bring a casino to the Northern Illinois town of Rockford. But last month, analysts at Bernstein and JPMorgan forecast only minor impact on casino revenue because of that geopolitical uprising.Although the Hong Kong International Airport was closed for a few days because of the protests, analysts speculated that gamblers there and from other parts of Asia would find other flights through other regions to get to Macau.Softness in the Chinese economy, the world’s second-largest, and the lingering trade spat between that country and the US are widely seen as factors keeping gamblers, particularly VIPs, away from Macau last month.Last week, President Trump indicated the US and China still plan to meet this month to discuss trade. local time Friday for interested parties to submit proposals. online casino zurichlocal time Friday for interested parties to submit proposals. The company is also promising a 2,000-square-foot music venue near I-90 to accompany the gaming property.Rival BidsNews of Hard Rock’s Illinois interest comes about a week after the company put forth a .1 billion proposal to transform the old Hellenikon International Airport near Athens, Greece into a casino. The company’s website does not indicate a current gaming industry presence. jackson rancheria casino owner golden nugget casino promoboomtown casino winnersHard Rock International is among three bidders looking to bring a casino to the Northern Illinois town of Rockford. That Michigan-based company says the gaming industry is a “core competency,” and that it has developed, financed, and owned casinos in Colorado, Nevada, California, and Oklahoma.Currently, Luna Entertainment has stakes in two tribal gaming properties – the Kiowa Casino in Oklahoma, and the Running Creek Casino in California. Gorman pitched Rockford politicians on a downtown gaming venue.Prairie State GamingThe Rockford casino initiative is part of broader gaming legislation passed by Illinois earlier this year that could see the addition of up to six casinos, including one in Chicago, in an already loaded Midwest gfree slots online no downloadHowever, a 15 percent levy by the US on 2 billion worth of Chinese imports went into effect today, as was previously expected. slowing Chinese economy, Typhoon Lekima, and the protests in Hong Kong are all believed to have held back traffic at Macau casinos during the month,” according to Seeking Alpha.Year-to-date, Macau GGR stands at .50 billion through the end of August, almost two percent lower than where it was at this time last year.What’s Plaguing Macau?Ongoing pro-democracy protests in Hong Kong have also been cited as a reason for the decline in August gaming activity in Macau. “Hard Rock would be the best thing for Rockford. chinook winds casino bingo what is the safest online casinokansas star casino ks“Hard Rock would be the best thing for Rockford. That Michigan-based company says the gaming industry is a “core competency,” and that it has developed, financed, and owned casinos in Colorado, Nevada, California, and Oklahoma.Currently, Luna Entertainment has stakes in two tribal gaming properties – the Kiowa Casino in Oklahoma, and the Running Creek Casino in California. Last year, October and December were two months when GGR there exceeded .21 billion.In addition to gaming investments, Luna is a real estate developer and a venture capital firm with interests in other fields, including auto dealerships and a winery. But last month, analysts at Bernstein and JPMorgan forecast only minor impact on casino revenue because of that geopolitical uprising.Although the Hong Kong International Airport was closed for a few days because of the protests, analysts speculated that gamblers there and from other parts of Asia would find other flights through other regions to get to Macau.Softness in the Chinese economy, the world’s second-largest, and the lingering trade spat between that country and the US are widely seen as factors keeping gamblers, particularly VIPs, away from Macau last month.Last week, President Trump indicated the US and China still plan to meet this month to discuss trade. The company is also promising a 2,000-square-foot music venue near I-90 to accompany the gaming property.Rival BidsNews of Hard Rock’s Illinois interest comes about a week after the company put forth a .1 billion proposal to transform the old Hellenikon International Airport near Athens, Greece into a casino. free casino slots 100 lions casino monte carlo santa ana |