Intertops Clabic Casino Free Code haul in four years. Macau casinos kept more gaming money last month than they have in four years, as an increase in general public visitation continues in the enclave. (Image: Billy HC Kwok/Bloomberg)Last month was the industry’s highest GGR mark since October 2014 when the region won . no deposit drake casino Free 3d Casino Slot Games Whnn 5 billion. lake tahoe casinos california October 2018 was the enclave’s 27th consecutive monthly increase. jamul casino owner Year to date, casino win is at . 16 billion, which is 14. riverwind casino check cashing 3 percent ahead of where the gaming industry was at this time last year. free casino slot machine play If that pace holds, Macau is poised to win around billion.

Analysts say the strong month, which included the Golden Week National Holiday, shows that the enclave is successfully appealing to both VIP and mass market visitors. Those same analysts practically nailed the October GGR number. Japanese financial firm Nomura Group and US-based Sanford C. Bernstein both predicted around . 34 billion. As for November, Bernstein says it expects Macau casinos to grow gaming win by two to four percent. Looking AheadWhile October was Macau’s best month in four years, the 2. 6 percent increase is the smallest gain in two years. Bloomberg Business analyst Daniela Wei said of the numbers, “October’s result is the clearest signal yet that China’s slowing economy and the trade war Beijing and Washington is weighing on the outlook for the world’s biggest gaming center. firekeepers casino golf tournament

Key Insights and Expert Analysis

The result may not bode well for Macau since October is considered a peak month, traditionally shofree casino slots apkwing higher gaming revenue because of the Golden Week holiday,” Wei concluded. Casino operators began rethinking their marketing strategies in 2014 as China began cracking down on VIP junket groups that bring high rollers to the enclave. Resorts are now appealing to more of the mass market, and the recent opening of the Hong Kong-Zhuhai-Macau bridge will make Macau more accessible for the demographic. Along with the mass market, the bridge should make Macau more appealing to Hong Kong and international businesses for conventions and meetings. The 34-mile bridge across the Pearl River Delta connects the casino hub to Hong Kong in just over a half-hour’s drive. Casino shuttles are barred from using the bridge, but resorts have partnered with third-party charter companies that landed permits to traverse the crossing. brian christopher slot youtube Stocks JumpShares of Macau’s six casino concessionaires traded on the Hong Kong Stock reacted positively to the October GGR report. lucky creek online casino legit MGM China was the biggest gainer at 3. Casino Resorts Kansas City Nsdo 79 percent, followed by Galaxy Entertainment (3.

18 percent), Sands China (2. 65 percent), Wynn Macau (2. mountaineer casino is it open today 46 percent), Melco Resorts (0. wild diamonds casino game 6 percent), and SJM Holdings (0. 5 percent). The increases are much welcomed by investors. The Bloomberg Intelligence index of Macau casino stocks has plummeted in recent months due to China’s slowing economy and the ongoing trade war with the US. is coushatta casino buffet open no deposit bonus codes joker casino The index has dropped more than 40 percent from their May peak. October was a dismal time forfree casino slots apk many industries around the world, and that includes gaming. choctaw casino mibibippi

However, strong third quarter revenue from MGM Resorts and a dividend increase issued by Sands recently delivered some good news to Las Vegas. hallmark casino withdrawal methods Snoqualimie Casino — located north of Seattle in Washington State — is offering million in funding to help kick-start safety upgrades on a nearby highway where several employees tragically lost their lives. Accidents like this one on Washington State’s Highway 18 will hopefully become less frequent with road improvements. Gold Coast Casino Oroville Sbwo In a different crash, Snoqualimie Casino recently lost two employees on the treacherous roadway. firekeepers casino salary (Image: Oregonlive. How Far To Coushatta Casino Zpmq com)The decision to take action came after two casino employees were killed in a crash while traveling to work along the Tiger Mountain Summit on Highway 18. The victims of the October 12 head-on crash have casino near me open