The Peppermill Casino Movie tian and Palazzo properties last year was 1 — exclusive of taxes and resort fees. The average nightly rate in August for a Luxury King room at The Venetian is going for just 8. 54 — a 45 percent discount. In what could be the start of a rebound for Macau gaming operators, Guangdong province is lifting its 14-day quarantine policy on all visitors returning from the gaming center. valid casino extreme no deposit bonus Palace Station Hotel Casino Resort Fee Yygt That change goes into effect early Wednesday, July 15. The Guangdong/Macau border crossing, seen here, is about to get busier because of relaxed travel policies. (Image: Macau News)Guangdong is the nearest province to Macau and serves as a major thoroughfare for mainland gamblers looking to enter the gaming hub. In 2019, the province accounted for 45 percent of the visits to Macau.

Since March 27, Guangdong enforced a 14-day quarantine protocol for anyone entering the region from another area, including Macau. From 6 am on 15 July, all visitors crossing borders between Macau and Guangdong Province will no longer need to undergo 14-day mandatory quarantine,” reports Inside Asian Gaming (IAG). santa ana casino bar “However, those visitors must be tested negative for COVID-19 within 7 effective days and must hold ‘green’ health codes of Macau and Guangdong. Riverwind Casino Showplace Theatre Svvw ”Since border restrictions went into place at the hands of the coronavirus pandemic earlier this year, analysts widely viewed the reopening of travel between Guangdong and Macau as essential to the latter’s recovery hopes. In midday tradiseminole casino immokalee eventsng, Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN), which combine to own seven of Macau’s integrated resorts, are both up more than eight percent on the Guangdong news. boulder station casino sports book hours all free casino slot games online Essential to RecoveryNews of the relaxed travel policy with Guangdong arrives less than two weeks after Macau said June gross gaming revenue (GGR) was less than million, a staggering 97 percent tumble on a year-over-year basis. nearest casino jacksonville fl online casino promos Underscoring the gravity of the Guangdong headlines, experts recently said that erasing travel restrictions with that province alone could send Macau monthly GGR figures back to at least 0 million, and perhaps as high as . 25 billion.

Key Insights and Expert Analysis

Guangdong is essential to Macau’s fortunes, not only because of proximity but also because of its size. It’s home to roughly 114 million citizens and is the largest mainland province by population, featuring some of China’s biggest metropolitan areas, such as Guangzhou, Shenzhen, and Zhuhai. While the travel rules pertaining to Guangdong and Macau will be significantly looser come Wednesday, there are some remaining stipulations. Primarily, Chinese citizens and Macau residents that work in Guangdong must stay in the province for a set period of time upon entry from the gaming hub, although the time frame for that required stay isn’t yet known. casino near me new jersey riversweeps online casino app login Small Steps ForwardLiberalizing travel between Guangdong and Macau is a step in the right direction for the gaming center’s recovery hopes. valley forge casino baseball card show Sycuan Casino Management Bfgq Today’s price action in shares ofseminole casino immokalee events operators with exposure to the special administrative region (SAR) proves as much, but there’s still work to be done. live blackjack online usa turtle creek casino news Table Games Las Vegas Casinos Tcml For example, plans for a travel bubble between Guangdong, Hong Kong, and Macau recently fell apart because of a resurgence of COVID-19 cases in Hong Kong. Additionally, Disney announced earlier today that Hong Kong Disneyland is closing again barely a month after it reopened because of the uptick in coronavirus cases.

Travelers moving between Hong Kong and Macau currently deal with 14-day quarantines on both sides of their trips. black bear casino new years eve The Queensland government is scrapping plans to bring a second gaming venue to Australia’s Gold Coast. intertops casino promo But it’s not granting exclusivity to Star Entertainment Group, either. The Star Casino on Australia’s Gold Coast. western union boulder station casino Politicians won’t give Star the exclusivity it wants, but they’re scrapping plans for a second casino. liberty slots casino no deposit bonus codes ip casino phone number (Image: Twitter)State Development Minister Kate Jones