2025.11.02
casinos lake tahoe nv(Image: Getty Images)In a note to clients today, Roth Capital analyst David Bain said the world’s largest gaming center still faces multiple headwinds on the road to recovery from the COVID-19 pandemic while calling the start of Golden Week “disappointing.“October consensus gross gaming revenue (GGR) expectations for -71 percent are likely to be moderated — again.Tourists celebrate Lunar New Year in Macau last year.who owns royal ace casinoHe has a “buy” rating on the City of Dreams operator.”While Golden Week expectations were finally reined in over the past two weeks, we believe days one through four of October visitation are disappointing, even amongst lowered forecasts,” said the analyst.Bain has a “neutral” grade on the Wynn Palace operator.casino slot winners 2019 cliff castle casino hotel hourswild casino best gamesThe analyst adds IVS processing efficiency and COVID-19 testing may be short-term hurdles that investors can deal with.”While Golden Week expectations were finally reined in over the past two weeks, we believe days one through four of October visitation are disappointing, even amongst lowered forecasts,” said the analyst.“We see MLCO as a continued market share gainer and de-risked versus US-headquartered Macau peers in the current environment, with a severe stock multiple disconnect to boot,” said the Roth Capital analyst.free casino slot games without signing inrah’s Atlantic City — New Jersey — No.2 Hard Rock Atlantic City — New Jersey — No.“October consensus gross gaming revenue (GGR) expectations for -71 percent are likely to be moderated — again.scarlet pearl casino in gulfport mibibippi gold coast casino contact numbercliff castle casino flagstaff azBut that was a marked month-over-month increase, stoking hopes that Golden Week would set the stage for a fourth-quarter rebound.“October consensus gross gaming revenue (GGR) expectations for -71 percent are likely to be moderated — again.However, the analyst is tepid on the three US-based gaming companies while favoring Melco.Trump’s record on job creation and economic growth speaks for itself,” the RJ editorial team op-ed reasoned.(Image: AFP)The RJ is only the sixth newspaper to endorse Trump in 2020.The analyst adds IVS processing efficiency and COVID-19 testing may be short-term hurdles that investors can deal with.foxwoods resort casino sugar factory ruby slots free spins 2021 |