Golden Nugget Casino Bonus  on the initiation-only webpage for future information. big fish casino update New Atlantic City2017 marked the second consecutive annual gaming revenue growth in Atlantic City after nine years of decline. casino soaring eagle slot machine casino near bakersfield ca The seven remaining casinos posted total gaming win (including internet operations) of . free slot machines online dragon spin Online Casino Using Bitcoin Axgu Netherlands 66 billion, a more than seven percent premium on 2016. Online Casino Usa Real Money Bfqv The next 12 months, however, will be critical in determining if the city’s stabilization warrants new investments and additional casino floors. pechanga casino mexican restaurant casino y astuce avis Hard Rock purchased the shuttered Taj Mahal from Icahn for just million, but along with investors and New Jersey natives Jack Morris and Joe Jingoli, the company is spending upwards of 0 million to rid the resort of its . Free T Rex Slot Games Czuu 2 billion Indian-themed décor. 60 free slot games firekeepers casino gambling age

Hard Rock Atlantic City won’t be the only new casino to open in 2018. Just north along the Boardwalk, the closed Revel has a new owner after Glenn Straub, following months of speculation, finally sold the once . 4 billion resort to Colorado-based developer Bruce Deifik for 0 million. slots 500 casino Defik’s firm, Integrated Properties, plans to reopen the property as the Ocean Resort Casino this summer. Defik says the firm will look to hire between 2,500 and 3,000 workers at the property. Too Fast, Too Furious? Fitch Ratings analyst Colin Mansfield believes two new casinos threatens gaming revenues at the current seven gaming floors.

Key Insights and Expert Analysis

“The market is in a good spot. el dorado casino reno rooms The introduction of two new properties is not great for Atlantic City,” Mansfblack oak casino table gamesield said recently. While returning thousands of jobs to Atlantic City is a welcomed development, especially considering the unemployment rate there remains almost seven percent, far higher than the national 3. 9 percent average, a substantial amount of gaming and tourism growth is required to support the expanding market. The Macau casino industry has largely depended on the citizens of China for its main revenue stream. chukchansi casino elevation play lucky dragon But most of those visitors have also come from a select few parts of the country, or what are termed the “tier-one” cities of Shanghai and Beijing. mohegan sun casino bonus code Continued growth and development in lower-tier Chinese cities like Chongqing could fuel continued growth for Macau’s casinos.

(Image: Ming Chen)Now, as reported in GGRAsia, analysts are saying that could all change in the next few years, as more of the Asian country’s citizens outside of the largest and wealthiest cities find their way to the gambling hub for fun and entertainment. According to a research report released by Morgan Stanley, Macau’s casinos are likely to benefit from a growing number of Chinese visitors from “lower-tier” cities. Essentially, that means all cities outside of Beijing and Shanghai. Already Inbound PlayersThe evaluation of these smaller cities is based on a number of different factors, including infrastructure, transportation systems, and economic development, as well as their cultural and historical significance within China. According to the information compilblack oak casino table gamesed by Morgan Stanley, lower-tier cities already send a fair number of customers to Macau, but they could make up a bigger slice of the pie going forward. “We estimate more than half of the 20 million Chinese visitor arrivals in Macau in 2016 came from lower-tier cities,” the report read. poker casino free spins paragon casino floor plan Slotocash Casino No Deposit Bonus Codes Sxke “This will be further supported by improving transportation infrastructure, increasing hotel room supply, and growing outbound tourism from China.

”The nearby Guangdong province is a major supplier of visitors to Macau, with Morgan Stanley saying the market penetration there for the casino industry stands at 11. 9 percent. drake casino mobile Throw in the travel directly from Shanghai and Beijing, and that accounts for about half of Chinese visitation to the territory alone. Narrowing the Gap Tier-two cities like Chongqing do produce some gamblers for Macau, but not at the rate of Shanghai and Beijing. But as these locations continue to