borgata casino in atlantic city open(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.Positive SignsEarlier this month, China’s State Councimountaineer casino non smokingl approved the extension of Macau’s jurisdiction to Hengqin Port, a move that could aid in increasing visits from Guangdong.If Beijing gives the go-ahead for travelers from Guangdong, the closest province to Macau and China’s wealthiest, to return to the SAR, that could be a significant near-term boon for gaming revenue there.island view casino offersIf Beijing gives the go-ahead for travelers from Guangdong, the closest province to Macau and China’s wealthiest, to return to the SAR, that could be a significant near-term boon for gaming revenue there.“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.Waiting For Green ShootsAs gaming hubs around the world grapple with the coronavirus, investors and operators are desperate for positive vibes, and Macau may be inching to closer compared to other regions due in part some strength among high-end players.hard rock casino sports betting

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sycuan casino hotel rooms(Image: CNBC)Through the first half of March, concessionaires in the world’s largest gaming center likely generated a combined 6.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.Macau gaming revenue fell as much as 80 percent in the first half of March, according to JPMorgan Securities.firekeepers casino app“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.m.Colorado casinos are following a state-issued order aimed at stemming the spread of the coronavirus, with operators announcing a series of temporary closures that commenced Tuesday morning.big fish casino earn chips

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pa online casino no deposit bonusThat extension goes into effect midnight Wednesday.Colorado is mandating a variety of businesses, including casinos, temporarily close because of the coronavirus.In many of the states issuing those orders, the mandates aren’t targeting casinos, and pertain to businesses such as bars, cinemas, and restaurants, among others.But the Guangdong and Macau governments must make a decision on when the new checkpoint will officially open.Some analysts expect GGR there is tracking as much as 80 percent off year-earlier levels.Market 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.paragon casino kid quest