2025.12.16
treasure island hotel and casino vegasChina is crimping junket visits, but Goldman Sachs says the situation isn’t structurally bad.No End in Sight“When the COVID-19 pandemic began earlier this year, we hoped that the disease would be under control and that the regulatory restrictions on our operations acasino slot tacticsnd the sudden decrease in visitors would be short-lived,” the company wrote in a notice to employees last month.e.sycuan casino interview questionsDented RecoveryWhile analysts and industry observers widely expect Macau to rebound from the COVID-19 pandemic more rapidly than Las Vegas, the recovery time line in the Asian gaming hub is growing longer.“As we are all aware, the pandemic continues with no predictable date for its end.e.turtle creek casino promotions cache creek casino hotel reservationshow to play in casino machinesIt’s taking a week to 10 days for tourist visas to be approved on the mainland, while Hong Kong still has a 14-day quarantine protocol in effect casino slot tacticsfor travelers arriving from the gaming center.“This time around, the impact is mostly on the supply side, as greater difficulty in transferring money offshore by Chinese agents/players will likely result in junkets turning more cautious on credit extensions, with some already contemplating diversifying and changing their business model,” according to the bank., credit crunch in a fragmented, highly leveraged junket system),” said a team of Goldman analysts in a recent client note.riverwind casino okc okChina is crimping junket visits, but Goldman Sachs says the situation isn’t structurally bad.Boyd Gaming announced it will ax 284 more jobs at two of its downtown Las Vegas properties, the California Hotel and Casino and Main Street Station.e.cache creek casino bus from san francisco aliante casino oyster barbrian christopher slots idahoThe current weakness in Macau’s junket industry is a more symptom of supply issues, not structural damage.As the Goldman analysts point out, it’s all about ease of moving funds in the current environment.(Image: New York Daily News)Gambling is illegal everywhere else in China.Junkets entice VIPs to visit the gaming enclave, but over the past several months, those players are yanking billions of dollars from accounts held at gaming properties, as Beijing cracks down on cross-border money transfers, citing national security risks.“Because of the unforeseeable and dramatic continuing impacts of pandemic-related restrictions on our customers and our business, Boyd Gaming is giving as much notice as is practicable,” Boyd continued.Still, junkets are integral to Macau’s still slow-moving efforts to rebound from the coronavirus pandemic.new casino table games boomtown casino logo |