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sunset station casino reopeningMurky Near-Term OutlookConsensus is building among analysts that Macau operators’ financial updates for the first and second quarters will almost be rendered moot because there will be little in the way of earnings to highlight.Gross gaming revenue (GGR) in Macau slid 87.(Image: CNBC)The Macau Gaming Inspection and Coordination Bureau (DICJ) released February data earlier today.aliante casino mabageAnalysts aren’t expecting much improvement in March, with some forecasting a GGR drop of 80 percent.”On Feb.fan duel.casino call angel of the winds casinocaesar casino slotAffected cities include some of the largest on mainland China, which accounts for 70 percent of the SAR’s gamblers.Other cities impacted by that decision include Seoul and Taipei, areas that are also important contributors to Macau’s gaming economy.Nearly all of Macau’s casinos have reopened, but it’s still not business as usual because of stringent safety precautions in the venues and light foot traffic.pechanga casino lobster buffetGross gaming revenue (GGR) in Macau slid 87.In another blow to Macau’s recovery efforts, 24 airlines are canceling March flights in and out of the peninsula.Analysts widely expected the second month of 2020 to be awful for Macau operators because of the coronavirus epidemic, but it could have been worse, as the consensus estimate called for a 90 percent drop in GGR.the golden nugget casino hotel jamul casino logohow to win on roulette table(Image: CNBC)The Macau Gaming Inspection and Coordination Bureau (DICJ) released February data earlier today.”Entering this year, it was widely believed that China needed tonline casino freeo generate growth of at least six percent to bolster Macau’s chances of a GGR rebound following a sluggish 2019.On Feb.Murky Near-Term OutlookConsensus is building among analysts that Macau operators’ financial updates for the first and second quarters will almost be rendered moot because there will be little in the way of earnings to highlight.Due to the COVID-19 epidemic, analysts are estimating sliding GGR figures as far out as the third quarter, though those declines are expected to be less severe than drops experienced in the first six months of 2020.palace station casino hotel doubledown casino free |