2025.10.28
morongo casino phone numberDue to the limitations on visits to the peninsula, Bernstein is now forecasting a December GGR decline of 12 percent to 16 percent, far worse than its original estimate calling for a decline of eight percent to 11 percent.Revenue among high-end gamblers visiting the Special Administrative Region (SAR) has been slack for several months, a scenario exacerbated by the visa controls because more affluent players, particularly those from mainland China, make more frequent visits to the peninsula than do their mass market counterparts.(Image: WVXU)In a report out Monday, Bernstein’s team of gaming analysts note the tighter visitation policy, revealed as part of preparations for cwinstar world casino check in timeelebrations later this month commemorating the twentieth anniversary of the handover of Macau to China from Portugal, are hampering revenue there.lake tahoe casinos californiaWhile VIP hold rate is around the normal range, this hold is lower than last December,” note the Bernstein analysts.Last month, the research firm lowered earnings and revenue estimates for the six Macau concessionaires, citing lethargy in the high-end segment.Of the 14 analysts covering Penn stock, 11 have bullish ratings on the shares.hack 4 all online casino bicycle casino breakfast buffetsam s town casino ownerStock Has SupportersData confirms some professional investors are buying into the Penn National story.HG Vora, which has stakes in a slew of gaming companies, is the largest hedge fund owner of Penn National shares, with a stake valued at more than 0 million.Implementation of visa restrictions is limiting gamblers’ visits to Macau this month, and that’s crimping monthly gross gaming revenue (GGR), say some analysts.scarlet pearl casino loginA clampdown by China on Macau visas is hurting gaming revenue in the casino hub.P.Through the first eight days of this month, GGR on the peninsula was an estimated 7 million, or an average of .captain jack casino mobile lobby drake casino sign up promo codecaesar casino lake tahoeHG Vora, which has stakes in a slew of gaming companies, is the largest hedge fund owner of Penn National shares, with a stake valued at more than 0 million.4 million per day, according to Bernstein.Additionally, casinos – like banks anorg reported Monday, Wynn released solid October earnings before interest, taxes, depreciation and amortization (EBITDA) and revenue guidance for its two Macau properties, Wynn Macau and Wynn Palace.Due to the limitations on visits to the peninsula, Bernstein is now forecasting a December GGR decline of 12 percent to 16 percent, far worse than its original estimate calling for a decline of eight percent to 11 percent.Morgan analyst Joseph Greff noted there’s value in names such as Melco Resorts (NASDAQ:MLCO) and Wynn Resorts Ltd.bovada casino mobile app mgm grand hotel casino 3799 |