2025.12.16
picture of a casino roulette wheel”Late Monday night, Penn National Gaming – a company that’s grappling with temporary closures in an “VIP seems to be faring better (down 70 percent to 75 percent year-on-year) than mass (down 80 percent to 85 percent), which is also within expectations and not very telling,” according to JPMorgan.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.thunder valley casino dreb code“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.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.Last year, 91 percent of the visitors to Macau hailed from mainland China and Hong Kong.big fish casino what are gold bars for big m casino little river scheduledoubledown casino help centerMacau’s road back to gross gaming revenue (GGR) normalcy in the wake of the coronavirus pandemic won’t be realized this month.(Image: CNBC)The Centennial State, which is home to more than 30 commercial and tribal gaming properties, joins a slew of others that are clamping down on large gatherings because of the COVID-19 pandemic.(Image: CNBC)Through the first half of March, concessionaires in the world’s largest gaming center likely generated a combined 6.the gold coast casino las vegasColorado 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.But the Guangdong and Macau governments must make a decision on when the new checkpoint will officially open.While this is slightly better than the circa MOP170 million/day (.poker casino calgary resorts casino reservationsisland resort and casino journeyon March 17 for the duration of 30 days,” according to a statement from the department.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.Macau gaming revenue fell as much as 80 percent in the first half of March, according to JPMorgan Securities.(Image: CNBC)The Centennial State, which is home to more than 30 commercial and tribal gaming properties, joins a slew of others that are clamping down on large gatherings because of the COVID-19 pandemic.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.“The support is likely to come in various forms, including direct payments, as well as various loan programs.free 3 reel slots games soaring eagle casino update |