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free spins intertops casinoAs for forecasts on Macau-related equities, essentially none of which have been positive this year, JPMorgan sees some utility in bad news being largely baked into these names.Colorado is mandating a variety of businesses, including casinos, temporarily close because of the coronavirus.Macau gaming revenue fell as much as 80 percent in the first half of March, according to JPMorgan Securities.seminole casino firem.Colorado is mandating a variety of businesses, including casinos, temporarily close because of the coronavirus.As for forecasts on Macau-related equities, essentially none of which have been positive this year, JPMorgan sees some utility in bad news being largely baked into these names.choctaw casino jena louisiana

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online casino games real moneyMacau gaming revenue fell as much as 80 percent in the first half of March, according to JPMorgan Securities.“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 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.org.That extension goes into effect midnight Wednesday.JPMorgan’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.firekeepers casino ohio

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