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directions to boulder station casinoWe assume GGR to drop about 55 percent in the first quarter,” said JPMorgan analysts in a note out earlier this weeIn another blow to Macau’s recovery efforts, 24 airlines are canceling March flights in and out of the peninsula.Even before the PMI report, global banks were paring estimates for China’s first-quarter GDP, with Goldman Sachs and Nomura recently trimming forecasts to 2.hartz 4 online casino gewinn5 percent and two percent, respectively.Potentially compounding Macau’s woes is the toll the coronavirus is taking on the Chinese economy, the world’s second-largest behind the US.The first confirmed COVID-19 was reported in China in mid-January, and by later that month, authorities pressed gaming operators to cancel Chinese Lunar New Year Festivities.resorts casino website

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seven feathers casino queensrycheOn Feb.Analysts aren’t expecting much improvement in March, with some forecasting a GGR drop of 80 percent.Due to the COVID-19 epidemic, analysts are estimating sliding GGR figures as far out as the third quarter, though those declines are expected to be less severe than drops experienced in the first six months of 2020.Improvement Could be Far OffDICJ’s February data release arrived just days after Macau International Airport confirmed that 24 airlines are scrapping March flights to and from the gaming hub.On a year-to-date basis, GGR in the world’s largest gaming center is lower by almost 50 percent.Entering this year, it was widely believed that China needed tonline casino freeo generate growth of at least six percent to bolster Macau’s chances of a GGR rebound following a sluggish 2019.casino zurich slot machine