borgata casino logo(Image: CNBC)The Centennial State, which is home to more than 30 commercial and tribal gaming properties, joins a slew of others that are clamping down on large gatherings because of the COVID-19 pandemic.”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.Century Casinos, another smaller gaming firm with two eponymous properties in Cripple Creek and Central City, Colo.no deposit bonus captain jack 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.ncessionaires in the world’s largest gaming center likely generated a combined 6.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.live casino owner

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sunset station casino careers“The public health order will help the state slow and limit the spread of COVID-19 in Colorado communities.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.“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.live casino table games, fol7 casino slotslowed Penn National in announcing the closure of its Colorado venue.m.“The public health order will help the state slow and limit the spread of COVID-19 in Colorado communities.raging bull casino sign in

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harrah s cherokee casino murphy2 million in turnover, down 75 percent to 80 percent on a year-over-year basis, according to JPMorgan Securities.“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.“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.m.harrah s cherokee casino hours