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hard rock casino mapMarket observers believe the key to the peninsula’s return to business as usual lies with China, Hong Kong, Taiwan, and some other nations relaxing travel restrictions to the gaming center.2 million in turnover, down 75 percent to 80 percent on a year-over-year basis, according to JPMorgan Securities.Positive SignsEarlier this month, China’s State Counciharrah s cherokee casino blackjack rulesl approved the extension of Macau’s jurisdiction to Hengqin Port, a move that could aid in increasing visits from Guangdong.foxwoods resort casino login“It appears increasingly likely that the federal government will step in to help the various sectors of the hospitality industry, as well as the airlines,” Mikael Ahlgren, director of Gaming Initiatives at Penn State University, recently told Casino.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.“It appears increasingly likely that the federal government will step in to help the various sectors of the hospitality industry, as well as the airlines,” Mikael Ahlgren, director of Gaming Initiatives at Penn State University, recently told Casino.poker casino for sale grand z casino table gameshotels near wild horse pab casino(Image: CNBC)The Centennial State, which is home to more than 30 commercial and tribal gaming properties, joins a slew of others that are clamping down on large gatherings because of the COVID-19 pandemic.“The public health order will help the state slow and limit the spread of COVID-19 in Colorado communities.Positive SignsEarlier this month, China’s State Counciharrah s cherokee casino blackjack rulesl approved the extension of Macau’s jurisdiction to Hengqin Port, a move that could aid in increasing visits from Guangdong.resorts casino bonus code 2020JPMorgan’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.“The public health order will help the state slow and limit the spread of COVID-19 in Colorado communities.“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.drake casino reddit casino in poconosmgm grand online slotson March 17 for the duration of 30 days,” according to a statement from the department.m.Macau gaming revenue fell as much as 80 percent in the first half of March, according to JPMorgan Securities.Some analysts expect GGR there is tracking as much as 80 percent off year-earlier levels.The Colorado Deparharrah s cherokee casino blackjack rulestment of Public Health and Environment issued a public health order to close bars, restaurants, gyms, theaters, and casinos to slow the spread of the COVID-19 virus, effective at 8:00 a.“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.big k casino odeba tx boulder station casino and hotel |