google tachi palace casinoThose 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.2 million in turnover, down 75 percent to 80 percent on a year-over-year basis, according to JPMorgan Securities.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.gta 5 online casino pokerPositive SignsEarlier this month, China’s State Council approved the extension of Macau’s jurisdiction to Hengqin Port, a move that could aid in increasing visits from Guangdong.That extension goes into effect midnight Wednesday.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.borgata online casino in pa

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is live casino philadelphia smoke freeColorado is mandating a variety of businesses, including casinos, is aliante casino buffet opentemporarily close because of the coronavirus.”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.m.tachi palace casino gas station, said it will comply with the, said it will comply with theAs 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.free slots where you win real money

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nearest louisiana casino“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.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.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.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.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.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.slot machine casino size