Desert Diamond Casino Buffet haul in four years. Macau casinos kept more gaming money last month than they have in four years, as an increase in general public visitation continues in the enclave. borgata casino dining (Image: Billy HC Kwok/Bloomberg)Last month was the industry’s highest GGR mark since October 2014 when the region won . 5 billion. lucky creek casino spam blackjack game play blackjack online for free Ruby Slots 100 Free Spins 2020 Silg October 2018 was the enclave’s 27th consecutive monthly increase. Year to date, casino win is at . 16 billion, which is 14. chumba casino wins 3 percent ahead of where the gaming industry was at this time last year.

If that pace holds, Macau is poised to win around billion. hard rock casino rockford t shirts Analysts say the strong month, which included the Golden Week National Holiday, shows that the enclave is successfully appealing to both VIP and mass market visitors. wild casino rtp intertops casino red free spins Those same analysts practically nailed the October GGR number. Japanese financial firm Nomura Group and US-based Sanford C. Bernstein both predicted around . 34 billion. As for November, Bernstein says it expects Macau casinos to grow gaming win by two to four percent. Looking AheadWhile October was Macau’s best month in four years, the 2.

Key Insights and Expert Analysis

6 percent increase is the smallest gain in two years. sam s town casino biloxi ms Bloomberg Business analyst Daniela Wei said of the numbers, “October’s result is the clearest signal yet that China’s slowing economy and the trade war Beijing and Washington is weighing on the outlook for the world’s biggest gaming center. The result may not bode well for Macau since October is considered a peak month, traditionally shofree casino slots apkwing higher gaming revenue because of the Golden Week holiday,” Wei concluded. Casino operators began rethinking their marketing strategies in 2014 as China began cracking down on VIP junket groups that bring high rollers to the enclave. Resorts are now appealing to more of the mass market, and the recent opening of the Hong Kong-Zhuhai-Macau bridge will make Macau more accessible for the demographic. Along with the mass market, the bridge should make Macau more appealing to Hong Kong and international businesses for conventions and meetings. admiral casino job review new vegas casino online 100 no deposit bonus codes 2021 The 34-mile bridge across the Pearl River Delta connects the casino hub to Hong Kong in just over a half-hour’s drive. xplaybet casino no deposit bonus Casino shuttles are barred from using the bridge, but resorts have partnered with third-party charter companies that landed permits to traverse the crossing. scarlet pearl casino.com

Stocks JumpShares of Macau’s six casino concessionaires traded on the Hong Kong Stock reacted positively to the October GGR report. raging bull casino 50 free spins MGM China was the biggest gainer at 3. soaring eagle casino snoop dogg 79 percent, followed by Galaxy Entertainment (3. nugget casino in sparks nevada Red Stag Casino Instant Coupon Tuuw 18 percent), Sands China (2. Www Borgata Casino Com Dfjk 65 percent), Wynn Macau (2. 46 percent), Melco Resorts (0. 6 percent), and SJM Holdings (0. Chukchansi Casino Instagram Seyi 5 percent).

The increases are much welcomed by investors. The Bloomberg Intelligence index of Macau casino stocks has plummeted in recent months due to China’s slowing economy and the ongoing trade war with the US. The index has dropped more than 40 percent from their May peak. October was a dismal time forfree casino slots apk many industries around the world, and that includes gaming. However, strong third quarter revenue from MGM Resorts and a dividend increase issued by Sands recently delivered some good news to Las Vegas. Snoqualimie Casino — located north of Seattle in Washington State — is offering million in funding to help kick-start safety upgrades on a nearby highway where several employees tragically lost their lives. Accidents like this one on Washington State’s Highway 18 will hopefully become less frequent with road improvements. In a different crash, Snoqualimie Casino recently lost two employees on the treacherous roadway.

(Image: Oregonlive. free casino slot games listings com)The decision to take action came after two casino employees were killed in a crash while traveling to work along the Tiger Mountain Summit on Highway 18. The victims of the October 12 head-on crash have