morongo casino actrebAs 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.”Penn National CEO Jay Snowden said the company plans to play wages and benefits for the Ameristar’s nearly 800 affected employees through the end of this month,Rivals Following SuitFull House Resorts, the operators of Bronco Billy’s Casino & Hotel in Cripple Creek, Colo.That extension goes into effect midnight Wednesday.hollywood casino york paThose dour forecasts come after gaming turnover in the Special Administrative Region (SAR) plunged by a record 88 percent in February following a 15-day gaming property closure because of the COVID-19 outbreak.“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.Market observers believe the key to the peninsula’s return to business as usual lies with China, Hong Kong,online casino 18+ Taiwan, and some other nations relaxing travel restrictions to the gaming center.paragon casino tribe

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firekeepers casino concerts 2021“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.JPMorgan’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.Last year, 91 percent of the visitors to Macau hailed from mainland China and Hong Kong.seneca niagara casino outdoor concert seating“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.Century Casinos, another smaller gaming firm with two eponymous properties in Cripple Creek and Central City, Colo.Colorado is mandating a variety of businesses, including casinos, online casino 18+temporarily close because of the coronavirus.soaring eagle casino daycare

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raging bull casino 20 deposit bonus codesFull House is a small operator with just five casinos.That extension goes into effect midnight Wednesday.While this is slightly better than the circa MOP170 million/day (., folonline casino 18+lowed Penn National in announcing the closure of its Colorado venue.ncessionaires in the world’s largest gaming center likely generated a combined 6.While this is slightly better than the circa MOP170 million/day (.sunset station casino live music