casino slot emojiBut their timelines to recovery aren’t comparable.While both Asia-Pacific markets were hindered by travel restrictions and temporary gaming property closures earlier this year.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.hollywood casino vegasGlobal gaming company recovery trajectories following the aftermath of the coronavirus pandemic will differ with exposure to local markets and online channels differentiating winners from losers over the near term,” said Fitch in a recent note.A Wynn spokesman told The Associated PressMacau Not Great, But Better Than VegasOver the course of the pandemic, it’s been common for analysts to opine that Macau and perhaps Singapore will rebound faster than Las Vegas.blackjack casino near me

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ruby slots bonus(Image: Fitch Ratings)“We expect the revenue generation of companies exposed to local markets and online channels to hit 2019 baseline levels faster than those with high exposure to destination markets, or markets with a more cautious approach to re-opening and travel.A Wynn spokesman told The Associated PressFitch sees Las Vegas trailing other markets in the gaming recovery.blackjack casino tableIn 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.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.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.encore casino 24 7

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twin river casino new hoursThose relying on the Las Vegas Strip are likely to lag rivals with significant Asia-Pacific or domestic regional footprints, according to Fitch Ratings.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.The task force vote this week allows bar tops to be reopened if social distancing and other safety directives are followed.“Fitch expects Macau, China to recover faster than Las Vegas, due to closer proximity of Macau’s feeder markets.“Fitch expects Macau, China to recover faster than Las Vegas, due to closer proximity of Macau’s feeder markets.doubledown casino free chips facebook