2025.09.12
mountaineer casino golf courseFebruary GGR was terrible in Macau and March won’t be much better.7, the worst reading in the country’s history, and well below the 46 reading economists expected.Analysts aren’t expecting much improvement in March, with some forecasting a GGR drop of 80 percent.seven feathers casino win lob statement5 percent and two percent, respectively.Due to the COVID-19 epidemic, analysts are estimating sliding GGR figures as far out as the third quarter, though those declines are expected to be less severe than drops experienced in the first six months of 2020.Entering this year, it was widely believed that China needed traging bull casino onlineo generate growth of at least six percent to bolster Macau’s chances of a GGR rebound following a sluggish 2019.hard rock casino jobs number 1 online gamblingmgm casino rewards”Due to the COVID-19 epidemic, analysts are estimating sliding GGR figures as far out as the third quarter, though those declines are expected to be less severe than drops experienced in the first six months of 2020.Murky Near-Term OutlookConsensus is building among analysts that Macau operators’ financial updates for the first and second quarters will almost be rendered moot because there will be little in the way of earnings to highlight.doubledown casino codes 1 millionThe respiratory illness has claimed 2,900 lives, most of which have been in China, while the number of global cases has swelled to 85,000.In another blow to Macau’s recovery efforts, 24 airlines are canceling March flights in and out of the peninsula.Twenty-four Asian airlines are canceling March flights to and from Macau because of the novel coronavirus, dealing a severe blow to an already fragile local economy that only recently reopened gaming properties following a 15-day closure.the golden nugget casino in biloxi mibibippi wild casino new player bonusfree online poker real money prizesAnalysts widely expected the second month of 2020 to be awful for Macau operators because of the coronavirus epidemic, but it could have been worse, as the consensus estimate called for a 90 percent drop in GGR.The first confirmed COVID-19 was reported in China in mid-January, and by later that month, authorities pressed gaming operators to cancel Chinese Lunar New Year Festivities.News of the March flight cancellations comes as Macau is already grappling with strict travel and visa controls that are sapping gross gaming revenue (GGR) in the wake of the COVID-19 outbreak.5 percent and two percent, respectively.Improvement Could be Far OffDICJ’s February data release arrived just days after Macau International Airport confirmed that 24 airlines are scrapping March flights to and from the gaming hub.On a year-to-date basis, GGR in the world’s largest gaming center is lower by almost 50 percent.raging bull casino dan bilzerian top 5 online casino |