bet real money casino appPositive SignsEarlier this month, China’s State Councidoubledown casino on facebookl approved the extension of Macau’s jurisdiction to Hengqin Port, a move that could aid in increasing visits from Guangdong.Positive SignsEarlier this month, China’s State Councidoubledown casino on facebookl approved the extension of Macau’s jurisdiction to Hengqin Port, a move that could aid in increasing visits from Guangdong.Macau gaming revenue fell as much as 80 percent in the first half of March, according to JPMorgan Securities.bellagio casino shows“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.Some analysts expect GGR there is tracking as much as 80 percent off year-earlier levels.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.big m casino blackjack rules

downstream casino free play 2020

big fish casino best slot redditBut the Guangdong and Macau governments must make a decision on when the new checkpoint will officially open.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.“The support is likely to come in various forms, including direct payments, as well as various loan programs.oxford casino gift cards(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. properties in Pennsylvania, Iowa, Kansas, Colorado, Mississippi, Louisiana, Maine, Michigan, New Mexico, Indiana, Massachusetts, Illinois, and Ohio.“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.free online poker computer

borgata casino drinks

slot casino norgeMarket 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.But the Guangdong and Macau governments must make a decision on when the new checkpoint will officially open.But the Guangdong and Macau governments must make a decision on when the new checkpoint will officially open.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.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.Those 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.luckyland casino reddit