boomtown casino biloxi rv parkJPMorgan’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.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.casino etfPositive SignsEarlier this month, China’s State Council approved the extension of Macau’s jurisdiction to Hengqin Port, a move that could aid in increasing visits from Guangdong.“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.If Beijing gives the go-ahead for travelers from Guangdong, the closest province to Macau and China’s wealthiest, to return to the SAR, that could be a significant near-term boon for gaming revenue there.casino golden palace arlon

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island view casino owner“We know of no instances of COVID-19 at any of our resorts,” said Full House CEO Daniel Lee in a statement.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.on March 17 for the duration of 30 days,” according to a statement from the department.paragon casino executive suitencessionaires in the world’s largest gaming center likely generated a combined 6.Colorado is mandating a variety of businesses, including casinos, is mgm casino owned by mgm studiostemporarily close because of the coronavirus.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.chumba casino usa login

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viejas casino pride 2021“The public health order will help the state slow and limit the spread of COVID-19 in Colorado communities.m., said it will comply with the“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., folis mgm casino owned by mgm studioslowed Penn National in announcing the closure of its Colorado venue.But three of those are in states ordering temporary business suspensions – Colorado, Indiana, and Mississippi.free online poker no money