2025.11.09
black oak casino new years eve(Image: Bloomberg)Earlier this week, the Wall Street bank published a list of its top 10 rebound ideas for next year.Uncertainty LingersAmid persistent uncertainty about the state of affairs with affluent Chinese gamblers, Bernstein says it’s not assuming there will not be a credible VIP rebound prior to 2023.“Longer term, we expect Macau GGR to grow at a 2 percent compound annual growth rate (CAGR)” judged over the period 2019 to 2023, driven by 6 percent CAGR in mass (in particular, premium mass) while negatively impacted by -4 percent CAGR in VIP,” according to the research firm.raging bull slots bonus codesely on the shoulders of the mass market and premium mass segments.‘Rapid Recovery’LVS stock is lower by 15.Bernstein notes five of the six Macau concessionaires achieved break-even EBITDA in October, and are on pace to do so again this month, with SJM Holdings likely to join the party by the end of the year.river spirit casino location chukchansi casino spawild casino sign up no deposit bonusVIP in 2021 — and to a lesser extent some premium mass — could be negatively impacted by continued tighter capital controls and customer and agent concerns about dealing with junkets,” said Bernstein in a new research report.When it comes to cash flow, Goldman forecasts LVS will have a 2020 free cash flow yield of negative six percent before that metric rebounds to seven percent next year and 10 percent in 2022.18 percent year-to-date.las atlantis casino complaintsThat’s prompting the operators to pull billions of Hong Kong dollars from accounts held at Macau gaming properties.“We focus on the trajectory of free cash flow, factoring in both financial profitability (Margin) and valuation (Yield).‘Rapid Recovery’LVS stock is lower by 15.thunder valley casino open yet casino roulette wheel watchencore casino games“We focus on the trajectory of free cash flow, factoring in both financial profitability (Margin) and valuation (Yield).“Longer term, we expect Macau GGR to grow at a 2 percent compound annual growth rate (CAGR)” judged over the period 2019 to 2023, driven by 6 percent CAGR in mass (in particular, premium mass) while negatively impacted by -4 percent CAGR in VIP,” according to the research firm.“Longer term, we expect Macau GGR to grow at a 2 percent compound annual growth rate (CAGR)” judged over the period 2019 to 2023, driven by 6 percent CAGR in mass (in particular, premium mass) while negatively impacted by -4 percent CAGR in VIP,” according to the research firm.With investor attention centered around macro recovery and the recent rotation into value, we look at both of these through a cash flow lens,” said Goldman Sachs analyst Deep Mehta in a note to clients.In the third quarter, VIP baccarat GGR on the peninsula slid to 3 million, a year-over-year decline of 92.Some Good NewsWhile Macau operators delivered a dismal batch of third-quarter results, there was one positive commonality.cashman casino server down doubledown casino without facebook |