hollywood casino meadowsFor Macau gaming equities, the timing of Bernstein’s downward revisions is inauspicious because it comes just days after J.Morgan’s Greff.The company said preliminary Macau results for November and to this point in December are not available.red stag casino downloadThat decision is prompting some research firms to trim monthly and quarterly GGR estimates for the Chinese territory.4 million per day, according to Bernstein.Morgan’s Greff.harrah s cherokee casino breakfast

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desert diamond casino promotions(Image: WVXU)In a report out Monday, Bernstein’s team of gaming analysts note the tighter visitation policy, revealed as part of preparations for cjamul casino san diegoelebrations later this month commemorating the twentieth anniversary of the handover of Macau to China from Portugal, are hampering revenue there.Morgan’s Greff.Morgan analyst Joseph Greff noted there’s value in names such as Melco Resorts (NASDAQ:MLCO) and Wynn Resorts Ltd.online casino table gamesWhile VIP hold rate is around the normal range, this hold is lower than last December,” note the Bernstein analysts.org reported Monday, Wynn released solid October earnings before interest, taxes, depreciation and amortization (EBITDA) and revenue guidance for its two Macau properties, Wynn Macau and Wynn Palace.P.casino extreme no deposit

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black hawk casino rv parkMorgan analyst Joseph Greff noted there’s value in names such as Melco Resorts (NASDAQ:MLCO) and Wynn Resorts Ltd.More Rough ForecastsThe celebration marking the transfer of Macau to Chinese control from being a colony of Portugal doesn’t commence until later this month.HG Vora, which has stakes in a slew of gaming companies, is the largest hedge fund owner of Penn National shares, with a stake valued at more than 0 million.Due to the limitations on visits to the peninsula, Bernstein is now forecasting a December GGR decline of 12 percent to 16 percent, far worse than its original estimate calling for a decline of eight percent to 11 percent.Revenue among high-end gamblers visiting the Special Administrative Region (SAR) has been slack for several months, a scenario exacerbated by the visa controls because more affluent players, particularly those from mainland China, make more frequent visits to the peninsula than do their mass market counterparts.The company said preliminary Macau results for November and to this point in December are not available.slotwolf casino