black bear casino concertsGross gaming revenue (GGR) in Macau showed signs of improvement in September, but JP Morgan says it will be 2022 before those figures return to pre-coronpoker casino in istanbulavirus highs.Much of the problem revolves around Hong Kong.Historic DevastationHurricane Delta is the 10th tropical storm or hurricane to hit the mainland United States this year, a record number.island resort casino upper michiganThe first time was in the 2005 hurricane seasonDuring that 2005 season, Hurricane Katrina blasted the Gulf Coast in late August, killing 1,833 people, according to CNN.Almost half of the people who died in Louisiana were over the age of 74.For gamblers and concessionaires, Beijing’s crackdown on cross-border money flows is a vicious circle.casino t shirt print

royal vegas casino online no deposit bonus

island view casino table gamesIn turn, operators are enforcing caps on cash chip withdrawals.“We think Hong Kong’s importance lies in its position as an avenue for capital flow, where a sizable portion of liquidity goes through Hong Kong into Macau,” said JP Morgan.Hurricane Delta is the fourth hurricane or tropical storm to make landfall in Louisiana this year, tying a 2002 record, the Associated Press reported.casino pier“We think Hong Kong’s importance lies in its position as an avenue for capital flow, where a sizable portion of liquidity goes through Hong Kong into Macau,” said JP Morgan.However, lengthy approval times for those permits and Beijing clamping down on cross-border money transfer is hindering the casino hub’s rebound efforts.“We think Hong Kong’s importance lies in its position as an avenue for capital flow, where a sizable portion of liquidity goes through Hong Kong into Macau,” said JP Morgan.online gambling laws

seminole casino accident

888 bicycle casino drRevenue for the recently concluded Golden Week festival slumped 76 percent year-poker casino in istanbulover-year, dashing hopes that the holiday could set the stage for a fourth-quarter rebound in Macau.Citing national security concerns, Chinese authorities are making it harder for VIP gamblers to move money into junket accounts, making Macau’s near-term recovery more dependent on mass market players that spend less.What’s NextAlthough Golden Week is over, Macau isn’t bereft of catalysts that could lead to near-term GGR improvements.Analysts say the bulk of cash being withdrawn from junket accounts is denominated in Hong Kong dollars.It’s going to take awhile for Macau GGR to recover.(Image: Bloomberg)That outlook deals a blow to the thesis that the world’s largest casino center could, with the help of pent-up demand and a COVID-19 vaccine, rebound in earnest in 2021.choctaw casino open