2025.11.07
encore casino las vegas restaurants“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.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.“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.fanduel casino deposit bonus“We know of no instances of COVID-19 at any of our resorts,” said Full House CEO Daniel Lee in a statement.”Penn National CEO Jay Snowden said the company plans to play wages and benefits for the Ameristar’s nearly 800 affected employees through the end of this month,Rivals Following SuitFull House Resorts, the operators of Bronco Billy’s Casino & Hotel in Cripple Creek, Colo.Full House is a small operator with just five casinos.2016 mohegan sun casino red stag casino australia limitedcasinos en lake tahoe25 million) in the previous week, we think week-on-week trend is almost meaningless at this point, as it is will continue to be extremely volatile, driven by a small group of players,” said the research firm in a Monday note to clients.Century Casinos, another smaller gaming firm with two eponymous properties in Cripple Creek and Central City, Colo.2 million in turnover, down 75 percent to 80 percent on a year-over-year basis, according to JPMorgan Securities.morongo casino sportsbookWaiting 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.That extension goes into effect midnight Wednesday.But three of those are in states ordering temporary business suspensions – Colorado, Indiana, and Mississippi.luckyland slots payout time desert diamond casino on valenciatachi palace casino gambling ageIn 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.The Colorado Department 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.“We know of no instances of COVID-19 at any of our resorts,” said Full House CEO Daniel Lee in a statement.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.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.“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.nugget sparks casino seneca niagara casino line of credit |