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k casino mainzColorado casinos are following a state-issued order aimed at stemming the spread of the coronavirus, with operators announcing a series of temporary closures that commenced Tuesday morning.“While we embrace near-term concerns on horrid GGR trends and sell-side earnings cuts, we believe most of the cuts will be done by next month (post-March GGR, plus possible resumption of Macau IVS), after which we expect these stocks to grind higher on ‘less bad’ trends and normalizing multiples,” said analysts at the bank.org.no deposit bonus highway casinoAs for forecasts on Macau-related equities, essentially none of which have been positive this year, JPMorgan sees some utility in bad news being largely baked into these names.Waiting For Green ShootsAs gaming hubs around the world grapple with the coronavirus, investors and operators are desperate for positive vibes, and Macau may be inching to closer compared to other regions due in part some strength among high-end players.“VIP seems to be faring better (down 70 percent to 75 percent year-on-year) than mass (down 80 percent to 85 percent), which is also within expectations and not very telling,” according to JPMorgan.choctaw casino wilburton ok

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black bear casino hotel near duluth mnPositive SignsEarlier this month, China’s State Councidraftkings casino partnersl approved the extension of Macau’s jurisdiction to Hengqin Port, a move that could aid in increasing visits from Guangdong.”That extension goes into effect midnight Wednesday.events at mohegan sun casino“The support is likely to come in various forms, including direct payments, as well as various loan programs.”Late Monday night, Penn National Gaming – a company that’s grappling with temporary closures in an JPMorgan’s estimate jibes with one released earlier this month by brokerage house Bernstein, which said Macau’s GGR likely slid almost 80 percent year-over-year through the first eight days of March.thunder valley casino open yet

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the riverwind casinoColorado is mandating a variety of businesses, including casinos, temporarily close because of the coronavirus.Colorado is mandating a variety of businesses, including casinos, temporarily close because of the coronavirus.The gaming industry, along with travel and hospitality industries, are campaigning to be included in any government bailout stemming from COVID-19. properties in Pennsylvania, Iowa, Kansas, Colorado, Mississippi, Louisiana, Maine, Michigan, New Mexico, Indiana, Massachusetts, Illinois, and Ohio.Colorado is mandating a variety of businesses, including casinos, temporarily close because of the coronavirus.Macau’s road back to gross gaming revenue (GGR) normalcy in the wake of the coronavirus pandemic won’t be realized this month.cashman casino won t open

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