Zeus Casino Slot Machine ics is a positive for operators there, with executives noting the region has been through experiences like COVID-19 in the past, and when things return to normal, there’s a voracious appetite for gambling. Wild Casino Complaints Xwve “Destination gaming markets outside of the US are also faring poorly, albeit with different near-term prospects than the Las Vegas Strip,” said the research firm. who owns the bellagio casino in las vegas “Fitch expects Macau, China to recover faster than Las Vegas, due to closer proximity of Macau’s feeder markets. chukchansi casino pow wow ”“The recovery trajectory for Macau is still opaque,” the ratings agency adds, because there’s still a travel ban in place with Hong Kong. rubian poker online casino But with the issuance of tourist visas across mainland China resuming next week, there is an avenue for augmenting some of the lost traffic from Hong Kong.

Online, Regional Where it’s at in USInvestors considering exposure to domestic gaming equities should consider those with online or regional exposure. jamul casino guest services Some operators, including Boyd Gaming (NYSE: BYD) and Penn National Gaming (NASDAQ:PENN), check both boxes. Revenue growth from iGaming and sports wagering, coupled with regional markets rebounding more rapidly than Sin City, bolsters the case for gaming assets that aren’t intimately correlated to Strip occupancy and traffic trends. Fitch sees Las Vegas trailing other markets in the gaming recovery. draftkings casino reddit (Image: Fitch Ratings)“We expect the revenue generation of companies exposed to local markets and online channels to hit 2019 baseline lfree online poker vegas worldevels faster than those with high exposure to destination markets, or markets with a more cautious approach to re-opening and travel. foxwoods resort casino owner free play slot machines wolf run is jackson rancheria casino open today

Key Insights and Expert Analysis

US regional operators, such as Penn National Gaming and Boyd Gaming, are already showing promising results,” said Fitch. The research firm adds companies that are highly focused on the destination/experiential element of Las Vegas are “at the mercy of long-distance travel trends normalizing. ” In Las Vegas, 548 Wynn Resorts employees have tested positive for COVID-19, with some 497 of those cases confirmed after Nevada reopened its casinos on June 4. Three staff members died from the virus, the company said in a statement. free slot games 77777 A Wynn spokesman told The Associated Press it was offering financial aid to the bereaved families.

Wynn Resorts has been randomly testing employees and guests who experience symptoms for COVID-19 since early May. slot machine casino los angeles (Image: Las Vegas Review-Journal)The disclosure is part of the Wynn Resort’s commitment to public transparency, which it says is part of its effort to keep workers and guests safe during the pandemic. Wynn’s Surveillance Testing Program randomly checks groups of up to 700 employees every two weeks, which helps to detect any workers who are infected but asymptomatic. hard rock casino unity points It was launched on May 7. Downward Infectious RateState officials have recently come under fire for declining to publish data on the specific location of coronavirus flareups.

Governor Steve Sisolak (D) has talked about the need to pfree online poker vegas worldrotect the economy and has cautioned about the harm that could be done to businesses by naming and shaming. slots era free casino slot machines Wynn has no such qualms. The company said it has conducted 15,051 tests since May, which translates to a positivity rate of 3. four winds casino temptations 6 percent at its two Las Vegas properties. mohegan sun casino events wilkes barre That’s below the national average, it noted. viejas casino online Black Bear Casino Buffet Xmzg

It also reported a downward trend in virus positivity rates, which is to be expected because Nevada’s infection rates have been falling since a mid-June peak. Scarlet Pearl Casino Hotel Rooms Hqlk The recent round of testing, conducted on September 11, produced just one positive test out of 286 employees, Wynn said. Just Six Guests Confirmed“The Company has 10 employees dedicated full-time to contact tracing for positive employee cases,” said Wynn in a statement. texas holdem poker online casino world “The team interviews every infected employee and works with security to review all available surveillance coverage. The Company’s contact tracing results reveal that 98 percent of the employees Vegas X Online Casino Yecw