2025.12.17
blackjack online realMurky 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.Potentially dragging on Macau’s recovery efforts are the Chinese cities affectedEntering this year, it was widely believed that China needed to generate growth of at least six percent to bolster Macau’s chances of a GGR rebound following a sluggish 2019.black hawk casino birthday specialsPotentially compounding Macau’s woes is the toll the coronaviruthree rivers casino near mes is taking on the Chinese economy, the world’s second-largest behind the US.Even before the PMI report, global banks were paring estimates for China’s first-quarter GDP, with Goldman Sachs and Nomura recently trimming forecasts to 2.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.desert diamond casino live roulette firekeepers casino phoneks star casino mulvane ksEntering this year, it was widely believed that China needed to generate growth of at least six percent to bolster Macau’s chances of a GGR rebound following a sluggish 2019.On Feb.We assume GGR to drop about 55 percent in the first quarter,” said JPMorgan analysts in a note out earlier this week.cliff castle casino fireworksAnalysts aren’t expecting much improvement in March, with some forecasting a GGR drop of 80 percent.Others have cancellation windows of just a few days up to two weeks.Analysts aren’t expecting much improvement in March, with some forecasting a GGR drop of 80 percent.golden nugget casino hotel las vegas how does foxwoods online workfree slots no download 777Potentially compounding Macau’s woes is the toll the coronaviruthree rivers casino near mes is taking on the Chinese economy, the world’s second-largest behind the US.Others have cancellation windows of just a few days up to two weeks.In another blow to Macau’s recovery efforts, 24 airlines are canceling March flights in and out of the peninsula.On Feb.Nearly all of Macau’s casinos have reopened, but it’s still not business as usual because of stringent safety precautions in the venues and light foot traffic.7, the worst reading in the country’s history, and well below the 46 reading economists expected.twin river casino construction roulette casino argo 50 |