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viejas casino live musicJPMorgan’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.That extension goes into effect midnight Wednesday.Last year, 91 percent of the visitors to Macau hailed from mainland China and Hong Kong.cliff castle casino non smokingAs 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.“The support is likely to come in various forms, including direct payments, as well as various loan programs.(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.coolcat casino reviews palace station casino slotsbellagio casino near meBut the Guangdong and Macau governments must make a decision on when the new checkpoint will officially open.2 million in turnover, down 75 percent to 80 percent on a year-over-year basis, according to JPMorgan Securities.m.hollywood casino turn 2If Beijing gives the go-ahead for travelers from Guangdong, the closest province to Macau and China’s wealthiest, to return to the SAR, that could be a significant near-term boon for gaming revenue there.on March 17 for the duration of 30 days,” according to a statement from the department.(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.draftkings at casino queen rv la pechanga casinointertops live casino“The public health order will help the state slow and limit the spread of COVID-19 in Colorado communities.While this is slightly better than the circa MOP170 million/day (.Colorado casinos are following a state-issued order aimed at stemming the spread of the coronavirus, with operators announcing a series of temporary closures that commenced Tuesday morning.Macau’s road back to gross gaming revenue (GGR) normalcy in the wake of the coronavirus pandemic won’t be realized this month.(Image: CNBC)Through the first half of March, concessionaires in the world’s largest gaming center likely generated a combined 6.“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.turtle creek casino wi blackjack online rigged |