2025.12.18
choctaw casino concert venue(Image: CNBC)Through the first half of March, concessionaires in the world’s largest gaming center likely generated a combined 6.In many of the states issuing those orders, the mandates aren’t targeting casinos, and pertain to businesses such as bars, cinemas, and restaurants, among others.“While we embrace near-term concerns on horrid GGR trends and sell-side earnings cuts, we believe most of the cuts will be done by next month (post-March GGR, plus possible resumption of Macau IVS), after which we expect these stocks to grind higher on ‘less bad’ trends and normalizing multiples,” said analysts at the bank.free slots huff n puffMacau gaming revenue fell as much as 80 percent in the first half of March, according to JPMorgan Securities.The Colorado Deparharrah s cherokee casino blackjack rulestment of Public Health and Environment issued a public health order to close bars, restaurants, gyms, theaters, and casinos to slow the spread of the COVID-19 virus, effective at 8:00 a.Some analysts expect GGR there is tracking as much as 80 percent off year-earlier levels.boomtown casino harvey louisiana ruby slots ndbbig fish casino best oddsJPMorgan’s estimate jibes with one released earlier this month by brokerage house Bernstein, which said Macau’s GGR likely slid almost 80 percent year-over-year through the first eight days of March.Colorado casinos are following a state-issued order aimed at stemming the spread of the coronavirus, with operators announcing a series of temporary closures that commenced Tuesday morning.In many of the states issuing those orders, the mandates aren’t targeting casinos, and pertain to businesses such as bars, cinemas, and restaurants, among others.u.s. online casinosJPMorgan’s estimate jibes with one released earlier this month by brokerage house Bernstein, which said Macau’s GGR likely slid almost 80 percent year-over-year through the first eight days of March.org.Those dour forecasts come after gaming turnover in the Special Administrative Region (SAR) plunged by a record 88 percent in February following a 15-day gaming property closure because of the COVID-19 outbreak.sycuan casino addreb resorts casino transportation center atlantic citybovada casino san diego“It appears increasingly likely that the federal government will step in to help the various sectors of the hospitality industry, as well as the airlines,” Mikael Ahlgren, director of Gaming Initiatives at Penn State University, recently told Casino.Waiting For Green ShootsAs gaming hubs around the world grapple with the coronavirus, investors and operators are desperate for positive vibes, and Macau may be inching to closer compared to other regions due in part some strength among high-end players.“While we embrace near-term concerns on horrid GGR trends and sell-side earnings cuts, we believe most of the cuts will be done by next month (post-March GGR, plus possible resumption of Macau IVS), after which we expect these stocks to grind higher on ‘less bad’ trends and normalizing multiples,” said analysts at the bank.Colorado is mandating a variety of businesses, including casinos, temporarily close because of the coronavirus.Colorado casinos are following a state-issued order aimed at stemming the spread of the coronavirus, with operators announcing a series of temporary closures that commenced Tuesday morning.Colorado is mandating a variety of businesses, including casinos, temporarily close because of the coronavirus.big fish casino glitch big fish casino hack |