similar to red stag casinoA clampdown by China on Macau visas is hurting gaming revenue in the casino hub.Stock Has SupportersData confirms some professional investors are buying into the Penn National story.Revenue among high-end gamblers visiting the Special Administrative Region (SAR) has been slack for several months, a scenario exacerbated by the visa controls because more affluent players, particularly those from mainland China, make more frequent visits to the peninsula than do their mass market counterparts.silver oak casino mobile download4 million per day, according to Bernstein.But policymakers in Beijing deployed the visa restrictions on Nov.That decision is prompting some research firms to trim monthly and quarterly GGR estimates for the Chinese territory.bovada casino bonus code 2021

lake tahoe casinos and hotels

four winds casino buffetMorgan analyst Joseph Greff noted there’s value in names such as Melco Resorts (NASDAQ:MLCO) and Wynn Resorts Ltd.The AGA is advising casinos how to make sure their cashier cages aren’t being used for illicit purposes.The AGA (American Gaming Association), the preeminent lobbying group working on behalf of the gaming industry, has issued new guidelines that are geared towards furttable games at firekeepers casinoher safeguarding against money laundering being facilitated inside casinos.choctaw casino lodgeLast month, the research firm lowered earnings and revenue estimates for the six Macau concessionaires, citing lethargy in the high-end segment.Due to the limitations on visits to the peninsula, Bernstein is now forecasting a December GGR decline of 12 percent to 16 percent, far worse than its original estimate calling for a decline of eight percent to 11 percent.(NASDAQ:WYNN).luckyland slots bonus code

cliff castle casino pool

high 5 vegas play free casino slot games for funReasons For The RestrictionsChina is clamping down on Macau tourism this month for a simple reason: an array of high-ranking dignitaries are expected to attend the handover ceremonies later this month.Last month, the research firm lowered earnings and revenue estimates for the six Macau concessionaires, citing lethargy in the high-end segment.Penn could benefit from “strong fundamentals for the regional gaming consumer, which should continue to support modest gross gaming revenue (GGR) growth, favorable year-over-year comparisons, particularly in areas impacted by adverse weather in 2019 (Midwest and South); and opportunity for further margin expansion,” said J.Through the first eight days of this month, GGR on the peninsula was an estimated 7 million, or an average of .That’s a 16 percent tumble from the year earlier period, and a six percent decline from November, which was the worst month of the year in terms of gaming turnover in Macau.The company said preliminary Macau results for November and to this point in December are not available.viejas casino indeed