2025.09.14
coolcat casino no deposit bonusIt is one of the two gaming names on the Goldman list.But Goldman Sachs sees brighter days ahead for the name in 2021.Las Vegas Sands (NYSE:LVS) stock, like so many of its gaming peers, is enduring a rough 2020 at the hands of the coronavirus pandemic.nearest casino to nashvilleVIP in 2021 — and to a lesser extent some premium mass — could be negatively impacted by continued tighter capital controls and customer and agent concerns about dealing with junkets,” said Bernstein in a new research report.That’s while mass market baccarat accounted for 38.Uncertainty LingersAmid persistent uncertainty about the state of affairs with affluent Chinese gamblers, Bernstein says it’s not assuming there will not be a credible VIP rebound prior to 2023.la roulette casino comment gagner kansas star casino scholarshiptropicana casino laughlin nevadaSome Good NewsWhile Macau operators delivered a dismal batch of third-quarter results, there was one positive commonality.Casino companies are looking to allay those concerns, with some executives noting that because Macau is Chinese territory, money moved from the mainland to the SAR isn’t considered an international transfer.With investor attention centered around macro recovery and the recent rotation into value, we look at both of these through a cash flow lens,” said Goldman Sachs analyst Deep Mehta in a note to clients.live casino philadelphia roomsMany said they were on pace to realize break-even earnings before interest, taxes, depreciation and amortization (EBITDA) in October on far less revenue than was being generated a year earlier.Uncertainty LingersAmid persistent uncertainty about the state of affairs with affluent Chinese gamblers, Bernstein says it’s not assuming there will not be a credible VIP rebound prior to 2023.Many said they were on pace to realize break-even earnings before interest, taxes, depreciation and amortization (EBITDA) in October on far less revenue than was being generated a year earlier.seneca niagara casino concert tickets mountaineer casino foodtachi palace casino open todayHowever, the name is higher by 27.But Goldman Sachs sees brighter days ahead for the name in 2021.That’s prompting the operators to pull billions of Hong Kong dollars from accounts held at Macau gaming properties.Bernstein notes five of the six Macau concessionaires achieved break-even EBITDA in October, and are on pace to do so again this month, with SJM Holdings likely to join the party by the end of the year.When it comes to cash flow, Goldman forecasts LVS will have a 2020 free cash flow yield of negative six percent before that metric rebounds to seven percent next year and 10 percent in 2022.That’s a long timeline, particularly against the coronavirus backdrop, and is extended by junket operators’ concerns about Beijing’s money transfer policy.black lotus casino new player bonus riverwind casino willie nelson |