2025.12.17
draftkings casino contactBoyd Gaming announced it will ax 284 more jobs at two of its downtown Las Vegas properties, the California Hotel and Casino and Main Street Station.“As far as demand is concerned, while certain players may hold off their gambling trips near-term until the situation stabilizes, in view of the crackdown [in China] of illegal gambling activities and the introduction of a ‘banned player list’, we do not see any structural issue and/or substitutes for brick-and-mortar gambling in the medium term,” said the bank.As the Goldman analysts point out, it’s all about ease of moving funds in the current environment.hollywood casino seating chart“As we are all aware, the pandemic continues with no predictable date for its end.“This time around, the impact is mostly on the supply side, as greater difficulty in transferring money offshore by Chinese agents/players will likely result in junkets turning more cautious on credit extensions, with some already contemplating diversifying and changing their business model,” according to the bank.e.liberty slots casino 20 free chip coushatta casino net worthwpt bicycle casino 2018t comes to feeding their family,” said Horseshoe spokeswoman Shelli Murphy.China is crimping junket visits, but Goldman Sachs says the situation isn’t structurally bad.“As we are all aware, the pandemic continues with no predictable date for its end.seven feathers casino seafood buffet“As far as demand is concerned, while certain players may hold off their gambling trips near-term until the situation stabilizes, in view of the crackdown [in China] of illegal gambling activities and the introduction of a ‘banned player list’, we do not see any structural issue and/or substitutes for brick-and-mortar gambling in the medium term,” said the bank.As for junkets, Goldman believes the situation will steady, and high-end gamblers are merely waiting out Beijing’s clampdown on money transfers.The Golden Week holiday wrapped up today, with visits falling nearly 87 percent year-over-year, meaning the highly anticipated fourth-quarter resurgence in GGR figures will likely be pushed out to 2021.online gambling real money michigan slotlady slot videosisland resort and casino 5 bridges“This time around, the impact is mostly on the supply side, as greater difficulty in transferring money offshore by Chinese agents/players will likely result in junkets turning more cautious on credit extensions, with some already contemplating diversifying and changing their business model,” according to the bank.For example, Sands and Galaxy control almost half the mass and premium mass market.“Because of the unforeseeable and dramatic continuing impacts of pandemic-related restrictions on our customers and our business, Boyd Gaming is giving as much notice as is practicable,” Boyd continued.Today’s cycle, though weak, isn’t as bad as the slump of 2014-15, according to Goldman Sachs analysts.The six Macau concessionaires are Sands China, Wynn Macau, MGM China, Galaxy Entertainment, SJM Holdings, and Melco Resorts, but not all are equally levered to VIPs.As gamblers pull cash from junket accounts, those companies yank deposits frlittle river casino hotels nearbyom casino accounts.treasure island resort and casino vegas k casino nieder olm |