Casino 411 Blackjack tian and Palazzo properties last year was 1 — exclusive of taxes and resort fees. The average nightly rate in August for a Luxury King room at The Venetian is going for just 8. 54 — a 45 percent discount. In what could be the start of a rebound for Macau gaming operators, Guangdong province is lifting its 14-day quarantine policy on all visitors returning from the gaming center. That change goes into effect early Wednesday, July 15. 3 casinos in ocean s 11 The Guangdong/Macau border crossing, seen here, is about to get busier because of relaxed travel policies.

(Image: Macau News)Guangdong is the nearest province to Macau and serves as a major thoroughfare for mainland gamblers looking to enter the gaming hub. fanduel casino glitch Viejas Casino Restaurants Syih In 2019, the province accounted for 45 percent of the visits to Macau. Since March 27, Guangdong enforced a 14-day quarantine protocol for anyone entering the region from another area, including Macau. From 6 am on 15 July, all visitors crossing borders between Macau and Guangdong Province will no longer need to undergo 14-day mandatory quarantine,” reports Inside Asian Gaming (IAG). Luckyland Casino Android Hvhu “However, those visitors must be tested negative for COVID-19 within 7 effective days and must hold ‘green’ health codes of Macau and Guangdong. foxwoods resort casino telephone number ”Since border restrictions went into place at the hands of the coronavirus pandemic earlier this year, analysts widely viewed the reopening of travel between Guangdong and Macau as essential to the latter’s recovery hopes. Lucky Tiger Casino 60 Zjke Austria

Key Insights and Expert Analysis

In midday tradimountaineer casino west virginia phone numberng, Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN), which combine to own seven of Macau’s integrated resorts, are both up more than eight percent on the Guangdong news. Resorts Casino 100 Free Spins Code Qbwf Essential to RecoveryNews of the relaxed travel policy with Guangdong arrives less than two weeks after Macau said June gross gaming revenue (GGR) was less than million, a staggering 97 percent tumble on a year-over-year basis. harrah s cherokee casino kid friendly Underscoring the gravity of the Guangdong headlines, experts recently said that erasing travel restrictions with that province alone could send Macau monthly GGR figures back to at least 0 million, and perhaps as high as . 25 billion. casino slot 40 is draftkings casino legal in michigan Guangdong is essential to Macau’s fortunes, not only because of proximity but also because of its size. mohegan sun casino login jackpot party online free slot machines It’s home to roughly 114 million citizens and is the largest mainland province by population, featuring some of China’s biggest metropolitan areas, such as Guangzhou, Shenzhen, and Zhuhai.

While the travel rules pertaining to Guangdong and Macau will be significantly looser come Wednesday, there are some remaining stipulations. Primarily, Chinese citizens and Macau residents that work in Guangdong must stay in the province for a set period of time upon entry from the gaming hub, although the time frame for that required stay isn’t yet known. Small Steps ForwardLiberalizing travel between Guangdong and Macau is a step in the right direction for the gaming center’s recovery hopes. Today’s price action in shares ofmountaineer casino west virginia phone number operators with exposure to the special administrative region (SAR) proves as much, but there’s still work to be done. hollywood casino 300 mgm casino in virginia For example, plans for a travel bubble between Guangdong, Hong Kong, and Macau recently fell apart because of a resurgence of COVID-19 cases in Hong Kong. santa ana casino dining Additionally, Disney announced earlier today that Hong Kong Disneyland is closing again barely a month after it reopened because of the uptick in coronavirus cases. best slot casino uk

Travelers moving between Hong Kong and Macau currently deal with 14-day quarantines on both sides of their trips. The Queensland government is scrapping plans to bring a second gaming venue to Australia’s Gold Coast. blackjack online 888 But it’s not granting exclusivity to Star Entertainment Group, either. gamble online for real money usa The Star Casino on Australia’s Gold Coast. scarlet pearl casino entertainment Politicians won’t give Star the exclusivity it wants, but they’re scrapping plans for a second casino. (Image: Twitter)State raging bull casino australia free chip