Twin River Casino Bus haul in four years. Macau casinos kept more gaming money last month than they have in four years, as an increase in general public visitation continues in the enclave. (Image: Billy HC Kwok/Bloomberg)Last month was the industry’s highest GGR mark since October 2014 when the region won . 5 billion. paragon casino resort October 2018 was the enclave’s 27th consecutive monthly increase. is lucky red casino legit Year to date, casino win is at . 16 billion, which is 14. poker games at morongo casino 3 percent ahead of where the gaming industry was at this time last year. free online slots for pc If that pace holds, Macau is poised to win around billion. no deposit code casino Analysts say the strong month, which included the Golden Week National Holiday, shows that the enclave is successfully appealing to both VIP and mass market visitors. intertops casino codes Jamul Casino Tony Gwynn Buffet Fkwz Those same analysts practically nailed the October GGR number.

Japanese financial firm Nomura Group and US-based Sanford C. Bernstein both predicted around . 4 card keno online casino 34 billion. As for November, Bernstein says it expects Macau casinos to grow gaming win by two to four percent. Looking AheadWhile October was Macau’s best month in four years, the 2. 6 percent increase is the smallest gain in two years. harrah s cherokee valley river casino murphy north carolina Hard Rock Casino Wild Card Login Pvhu Bloomberg Business analyst Daniela Wei said of the numbers, “October’s result is the clearest signal yet that China’s slowing economy and the trade war Beijing and Washington is weighing on the outlook for the world’s biggest gaming center. The result may not bode well for Macau since October is considered a peak month, traditionally shocasino roulette table imageswing higher gaming revenue because of the Golden Week holiday,” Wei concluded. Casino operators began rethinking their marketing strategies in 2014 as China began cracking down on VIP junket groups that bring high rollers to the enclave. black oak casino hotel reservations Resorts are now appealing to more of the mass market, and the recent opening of the Hong Kong-Zhuhai-Macau bridge will make Macau more accessible for the demographic. Along with the mass market, the bridge should make Macau more appealing to Hong Kong and international businesses for conventions and meetings. pechanga casino temecula

Key Insights and Expert Analysis

The 34-mile bridge across the Pearl River Delta connects the casino hub to Hong Kong in just over a half-hour’s drive. Casino shuttles are barred from using the bridge, but resorts have partnered with third-party charter companies that landed permits to traverse the crossing. Stocks JumpShares of Macau’s six casino concessionaires traded on the Hong Kong Stock reacted positively to the October GGR report. MGM China was the biggest gainer at 3. seven feathers casino elements lounge 79 percent, followed by Galaxy Entertainment (3. Fanduel Casino Support Xuhj 18 percent), Sands China (2. 65 percent), Wynn Macau (2. 46 percent), Melco Resorts (0. 6 percent), and SJM Holdings (0. 5 percent). The increases are much welcomed by investors. liberty slots 100 no deposit Free Online Olg Slots Vevb

The Bloomberg Intelligence index of Macau casino stocks has plummeted in recent months due to China’s slowing economy and the ongoing trade war with the US. The index has dropped more than 40 percent from their May peak. October was a dismal time forcasino roulette table images many industries around the world, and that includes gaming. the online gambling law However, strong third quarter revenue from MGM Resorts and a dividend increase issued by Sands recently delivered some good news to Las Vegas. Snoqualimie Casino — located north of Seattle in Washington State — is offering million in funding to help kick-start safety upgrades on a nearby highway where several employees tragically lost their lives. online gambling ct live casino restaurants Accidents like this one on Washington State’s Highway 18 will hopefully become less frequent with road improvements. In a different crash, Snoqualimie Casino recently lost two employees on the treacherous roadway. (Image: Oregonlive. com)The decision to take action came after two casino employees were killed in a crash while traveling to work along the Tiger Mountain Summit on Highway 18. The victims of the October 12 head-on crash have seven feathers casino arcade