mountaineer casino racetrack resortGloomy Forecasts, Lack of ClarityAt a recent media briefing, Macau health officials noted the number of novel coronavirus cases on the peninsula remained at 10, with one of the first patients having already been discharged from a local hospital.We estimate February to be down over 95%, assuming the casinos stay closed for the rest of the month,” said the Bernstein analysts.The other nine are expected to be sent home in the coming days, but no clarity was given on whether or not gaming venues will reopen on Feb.no deposit bonus casino free(Image: Quartz)In a recent note to clients, Bernstein estimated the world’s largest gaming center could experience a staggering 95 percent decline in GGR this month.The group reported revenues in 2020 totaled SGD.19 arrives, integrated resorts will not reopen.seminole casino bluegrab

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ruby slots 50 freeThe research firm bases that projection on what business looked like Feb.8 billion), a two percent dip compared with the prior year.(Image: Genting Singapore)Genting Singapore, parent company of the integrated casino resort, released its fourth quarter 2019 and full-year financial results today.cliff castle casino blackjack“We see a solid recovery in place in 2H, followed by a strong 2021,” notes Bernstein.Officials have not publicly confirmed that the Special Administrative Region’s (SAR) gaming properties will remained closed longer than the originally planned 15 days.There is some favorable history on Macau’s side, as it was able to fight through the 2003 SARS and 2009 swine flu epidemics and realize increased gaming revenue in the aftermath of those events.chukchansi casino age

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live casino maryland pokerIn the Hoosier State, the companies operate a combined five gaming properties, not far off the four in Iowa, indicating the transaction isn’t likely to draw the ire of Indiana regulators.Looking AheadFor now, operators on the peninsula have no choice but to look ahead, because it’s becoming apparent that first-quarter results will be dismal.For Macau, the near-term keys to getting back on track are reopening casinos and Beijing lifting the individual visit scheme (IVS) halt because mainland China is the primary source of gamblers for the peninsula.The other nine are expected to be sent home in the coming days, but no clarity was given on whether or not gaming venues will reopen on Feb.Bernstein’s estimate of a 95 percent GGR troulette casino badenumble is one of the bleakest projections to date, and far exceeds the 75 percent decline forecast by JPMorgan earlier this month.“This is in addition to patrons who were visiting and wagering at the retail locations.chukchansi casino gas station