2025.09.16
cache creek casino floor mapThe company said preliminary Macau results for November and to this point in December are not available.org 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.Implementation of visa restrictions is limiting gamblers’ visits to Macau this month, and that’s crimping monthly gross gaming revenue (GGR), say some analysts.morongo casino facebookMorgan analyst Joseph Greff noted there’s value in names such as Melco Resorts (NASDAQ:MLCO) and Wynn Resorts Ltd.Reasons For The RestrictionsChina is clamping down on Macau tourism this month for a simple reason: an array of high-ranking dignitaries are expected to attend the handover ceremonies later this month.4 million per day, according to Bernstein.firekeepers casino new hotel slot casino jackpot maniahard rock casino lake tahoe spa(Image: WVXU)In a report out Monday, Bernstein’s team of gaming analysts note the tighter visitation policy, revealed as part of preparations for ctable games at firekeepers casinoelebrations later this month commemorating the twentieth anniversary of the handover of Macau to China from Portugal, are hampering revenue there.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.Visa limitations/restrictions on IVS and transit visas are impacting higher-frequency, higher-end players in both VIP and mass along with junket agents, which has led to significant declines in higtable games at firekeepers casinoh-end visitation and GGR,” according to Bernstein.chumba casino verification procebThat decision is prompting some research firms to trim monthly and quarterly GGR estimates for the Chinese territory.22, earlier than was expected.org 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.safest online slots real money angel of the winds casino birthdaychoctaw casino broken bow okBut policymakers in Beijing deployed the visa restrictions on Nov.Penn could benefit from “strong fundamentals for the regional gaming consumer, which should continue to support modest gross gaming revenue (GGR) growth, favorable year-over-year comparisons, particularly in areas impacted by adverse weather in 2019 (Midwest and South); and opportunity for further margin expansion,” said J.More Rough ForecastsThe celebration marking the transfer of Macau to Chinese control from being a colony of Portugal doesn’t commence until later this month.That’s a 16 percent tumble from the year earlier period, and a six percent decline from November, which was the worst month of the year in terms of gaming turnover in Macau.Solid fundamentals and the potential for robust margin expansion could be among the factors luring pros to the stock.Morgan analyst Joseph Greff noted there’s value in names such as Melco Resorts (NASDAQ:MLCO) and Wynn Resorts Ltd.goldfish casino bc slots best online slots real money pa |