2025.09.13
5 dragons free online slotsBut the stock is down 9.In a note to clients today, Union Gaming analyst John DeCree raised his rating on Wynn to “buy” from “hold,” while noting the Encore operator is positioned to lead a recovery in Macau gaming equities.After mainland China, Hong Kong accounts for the next- largest amounts of annual visits to the casino center.caesar casino in atlantic cityAfter 132 days of being closed, Borgata will reopen to the general public on July 26.But the stock surged nearly 10 percent on heavy volume Monday on news that Guangdong province is ending its quarantine protocol applicable to travelers arriving from Macau.“If we cannot provide that level of hospitality, we feel it’s best that we remain closed until such time that the governor lets us know it is safe to offer food and beverage.nearest casino to louisville ky live mgm casino 4dbrian christopher slots buffaloWynn Palace, seen here, operator is poised to lead a recovery in Macau equities, says Union Gaming analyst John DeCree.It might be some time until additional businesses and/or activities are allowed to resume.“We’re here right now.valley forge casino covidBut there’s still work to be done.However, Macau is by far Wynn’s most important market, generating two-thirds or more of the company’s revenue and earnings before interest, taxes, depreciation and amortizations (EBITDA) in any given quarter.(Image: CNBC)Shares of the Wynn Macau and the Wynn Palace operator are trading lower Tuesday.boomtown casino free play sunset station casino food courtliberty slots coupon“While alleviating border restrictions in Guangdong is a solid first step, we’ll look forward to more good news, hopefully later this summer, on reinstating IVS and green health code reciprocity with Hong Kong,” said DeCree.“As we have seen so often in the past, we expect the shares of Wynn Resorts/Macau to lead the initial recovery in the Macau names.”Wynn is one of the Macau operators more levered to VIP trends, whereas rival Las Vegas Sands (NYSE:LVS) is more dependent on the mass and premium mass market demographics.More Work to Be DoneGuangdong relaxing its travel controls with Macau is undoubtedly a step in the right direction for concessionaires because the province is the largest feeder market for the gaming hub.Borgata will finally open back up in Atlantic City later this month, 24 days after other casinos did, including Hard Rock (pictured).covery will be hastened by higher-end gamblers, notes an analyst.is jackson rancheria casino still open soaring eagle casino employment |