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After National Hurricane Center forecasters ran out of traditional names this year, they began using the Greek alphabet in labeling the hurricanes. This is only the second time the center has needed to use the Greek alphabet. free slot machines double diamond deluxe blackjack best casino online The first time was in the 2005 hurricane seasonDuring that 2005 season, Hurricane Katrina blasted the Gulf Coast in late August, killing 1,833 people, according to CNN. Jamul Casino Wiki Cwnl Of that total, 1,577 were in Louisiana. Almost half of the people who died in Louisiana were over the age of 74. Approximately 40 percent of the Louisiana deaths during Katrina were attributed to drownings. cliff castle casino menu santa ana star casino lights

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Hurricane Katrina also devastated the casinos along the Mississippi Gulf Coast. Barge casinos were torn from their moorings in a 25-foot wall of water, tossing some onto land 200 yards from the shore, according to the AP. Gross gaming revenue (GGR) in Macau showed signs of improvement in September, but JP Morgan says it will be 2022 before those figures return to pre-coronseven feathers casino lodgingavirus highs. four winds casino entertainment Raging Bull Casino Deposit Bonus Codes 2020 Kxym It’s going to take awhile for Macau GGR to recover. JP Morgan forecasts 2022, to be precise. free online slots for ipad no download (Image: Bloomberg)That outlook deals a blow to the thesis that the world’s largest casino center could, with the help of pent-up demand and a COVID-19 vaccine, rebound in earnest in 2021. mohegan sun casino las vegas

GGR numbers in the special administrative region (SAR) are in the midst of a six-month streak of year-over-year declines of at least 90 percent. brian christopher slots tonight In late August, Guangdong province restarted issuing individual visit scheme (IVS) tourist visas, with the rest of mainland China following suit on Sept. paragon casino facebook 23, stoking hopes that pent-up demand would follow, bringing an influx of gamblers to Macau. sam s town hotel and casino dining However, lengthy approval times for those permits and Beijing clamping down on cross-border money transfer is hindering the casino hub’s rebound efforts. We were overly hopeful on the prospect of pent-up demand, which we thought would outweigh the nuisances related to travel arrangement to Macau and stricter capital control,” said JP Morgan analysts. Citing national security concerns, Chinese authorities are making it harder for VIP gamblers to move money into junket accounts, making Macau’s near-term recovery more dependent on mass market players that spend less.

VIP WoesWith higher-tier gamblers staying away for now, efforts to rejuvenate GGR are hamstrung, with recent data points confirming as much. Revenue for the recently concluded Golden Week festival slumped 76 percent year-seven feathers casino lodgingover-year, dashing hopes that the holiday could set the stage for a fourth-quarter rebound in Macau. raging bull casino uk For gamblers and concessionaires, Beijing’s crackdown on cross-border money flows is a vicious circle. Players are pulling billions of dollars from junket accounts, forcing those companies to yank deposits held at gaming venues. luckyland casino cheats In turn, operators are enforcing caps on cash chip withdrawals. Much of the problem revolves around Hong Kong.

That SAR serves not only as a major travel artery for Macau, but a vital thoroughfare for capital moving off mainland China and on to the gaming enclave. Analysts say the bulk of cash being withdrawn from junket accounts is denominated in Hong Kong dollars. That SAR accounts for about 15 percent of Macau GGR. Making matters worse is that Hong Kong still enforces a 14-day quarantine policy on travelers arriving from Macau, significantly