Thunder Valley Casino Odds ics is a positive for operators there, with executives noting the region has been through experiences like COVID-19 in the past, and when things return to normal, there’s a voracious appetite for gambling. bovada casino app “Destination gaming markets outside of the US are also faring poorly, albeit with different near-term prospects than the Las Vegas Strip,” said the research firm. black hawk casino payouts “Fitch expects Macau, China to recover faster than Las Vegas, due to closer proximity of Macau’s feeder markets. paragon casino arcade bonus codes for online casinos no deposit ”“The recovery trajectory for Macau is still opaque,” the ratings agency adds, because there’s still a travel ban in place with Hong Kong. But with the issuance of tourist visas across mainland China resuming next week, there is an avenue for augmenting some of the lost traffic from Hong Kong. harrah s casino age limit

Online, Regional Where it’s at in USInvestors considering exposure to domestic gaming equities should consider those with online or regional exposure. Some operators, including Boyd Gaming (NYSE: BYD) and Penn National Gaming (NASDAQ:PENN), check both boxes. Mgm Casino Floor Ivxy Revenue growth from iGaming and sports wagering, coupled with regional markets rebounding more rapidly than Sin City, bolsters the case for gaming assets that aren’t intimately correlated to Strip occupancy and traffic trends. Fitch sees Las Vegas trailing other markets in the gaming recovery. Coushatta Hotel And Casino Kinder La Bkyr (Image: Fitch Ratings)“We expect the revenue generation of companies exposed to local markets and online channels to hit 2019 baseline lharrah s cherokee casino layoutevels faster than those with high exposure to destination markets, or markets with a more cautious approach to re-opening and travel.

Key Insights and Expert Analysis

US regional operators, such as Penn National Gaming and Boyd Gaming, are already showing promising results,” said Fitch. The research firm adds companies that are highly focused on the destination/experiential element of Las Vegas are “at the mercy of long-distance travel trends normalizing. harrah s cherokee casino and resort ” In Las Vegas, 548 Wynn Resorts employees have tested positive for COVID-19, with some 497 of those cases confirmed after Nevada reopened its casinos on June 4. Three staff members died from the virus, the company said in a statement. A Wynn spokesman told The Associated Press it was offering financial aid to the bereaved families.

Wynn Resorts has been randomly testing employees and guests who experience symptoms for COVID-19 since early May. free casino slot games china shores (Image: Las Vegas Review-Journal)The disclosure is part of the Wynn Resort’s commitment to public transparency, which it says is part of its effort to keep workers and guests safe during the pandemic. online casino no deposit bonus in texas Wynn’s Surveillance Testing Program randomly checks groups of up to 700 employees every two weeks, which helps to detect any workers who are infected but asymptomatic. Wildz Casino Ivct It was launched on May 7. Downward Infectious RateState officials have recently come under fire for declining to publish data on the specific location of coronavirus flareups.

Governor Steve Sisolak (D) has talked about the need to pharrah s cherokee casino layoutrotect the economy and has cautioned about the harm that could be done to businesses by naming and shaming. live casino qatar Wynn has no such qualms. viejas casino concerts The company said it has conducted 15,051 tests since May, which translates to a positivity rate of 3. santa ana hotel and casino nm 6 percent at its two Las Vegas properties. aliante casino resort That’s below the national average, it noted. mohegan sun casino near me desert diamond casino players club

It also reported a downward trend in virus positivity rates, which is to be expected because Nevada’s infection rates have been falling since a mid-June peak. Nearest Casino In New York Ribm The recent round of testing, conducted on September 11, produced just one positive test out of 286 employees, Wynn said. Just Six Guests Confirmed“The Company has 10 employees dedicated full-time to contact tracing for positive employee cases,” said Wynn in a statement. chukchansi casino arrest “The team interviews every infected employee and works with security to review all available surveillance coverage. resorts casino catskills reviews The Company’s contact tracing results reveal that 98 percent of the employees