2025.10.11
seneca niagara casino outdoor concert seating(Image: South China Morning Post)With Beijing clamping down on cross-border money transfers and controversy still swirling around the junket business, VIPs remain skittish about returning to the world’s largest casino hub.In the third quarter, VIP baccarat GGR on the peninsula slid to 3 million, a year-over-year decline of 92.That’s prompting the operators to pull billions of Hong Kong dollars from accounts held at Macau gaming properties.new black lotus no deposit bonus codesThe state twice this week set single-day records by eclipsing more than 2,000 new coronavirus cases.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.But some analysts believe it’s going to be a while before high-end players materially contribute to the special administrative region’s (SAR) recovery.peppermill casino spa menu cliff castle casino arcadefoxwoods online casino facebookOperators potentially sensitive to weakness in VIP spending include Melco Resorts & Entertainment and Wynn Macau, while rivals Galaxy Entertainment and Las Vegas Sands derive larger slices of their business from mass and premium mass patrons.”ANR says the science shows that cigarette and cigar smoking indoors is likely playing a role in the fall surge.In recent months, junket patrons, who are often VIPs, are requesting withdrawals of their funds.palace station casino promotionsTourists walk by Wynn Macau.Some Good NewsWhile Macau operators delivered a dismal batch of third-quarter results, there was one positive commonality.They can’t as easily identify those who don’t gamble primarily because smoking is permitted.kansas star casino phone number harrah s casino telephone numbercoushatta casino addrebThe state twice this week set single-day records by eclipsing more than 2,000 new coronavirus cases.That’s a long timeline, particularly against the coronavirus backdrop, and is extended by junket operators’ concerns about Beijing’s money transfer policy.Well-heeled gamblers playing that table game, which is beloveraging bull casino sign ind in Macau, drove a market share of almost 48 percent in the July through September period.The thinking is that casinos can easily see customers who prefer smoking while gambling.Many said they were on pace to realize break-even earnings before interest, taxes, depreciation and amortization (EBITDA) in October on far less revenue than was being generateraging bull casino sign ind a year earlier.In addition to Park MGM, the Wa She Shu Casino & Travel Plaza in Gardnerville does not permit indoors smoking.mountaineer casino resort west virginia types of casino poker table games |