big fish casino blue handThe Colorado Depardraftkings casino partnerstment of Public Health and Environment issued a public health order to close bars, restaurants, gyms, theaters, and casinos to slow the spread of the COVID-19 virus, effective at 8:00 a.As for forecasts on Macau-related equities, essentially none of which have been positive this year, JPMorgan sees some utility in bad news being largely baked into these names.“While we embrace near-term concerns on horrid GGR trends and sell-side earnings cuts, we believe most of the cuts will be done by next month (post-March GGR, plus possible resumption of Macau IVS), after which we expect these stocks to grind higher on ‘less bad’ trends and normalizing multiples,” said analysts at the bank.the harrah s casino in laughlinJPMorgan’s estimate jibes with one released earlier this month by brokerage house Bernstein, which said Macau’s GGR likely slid almost 80 percent year-over-year through the first eight days of March.2 million in turnover, down 75 percent to 80 percent on a year-over-year basis, according to JPMorgan Securities.Colorado casinos are following a state-issued order aimed at stemming the spread of the coronavirus, with operators announcing a series of temporary closures that commenced Tuesday morning.ruby slots bonus codes july 2020

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online casino like chumba”Late Monday night, Penn National Gaming – a company that’s grappling with temporary closures in an “While we embrace near-term concerns on horrid GGR trends and sell-side earnings cuts, we believe most of the cuts will be done by next month (post-March GGR, plus possible resumption of Macau IVS), after which we expect these stocks to grind higher on ‘less bad’ trends and normalizing multiples,” said analysts at the bank.“It appears increasingly likely that the federal government will step in to help the various sectors of the hospitality industry, as well as the airlines,” Mikael Ahlgren, director of Gaming Initiatives at Penn State University, recently told Casino.casino poker online com(Image: CNBC)The Centennial State, which is home to more than 30 commercial and tribal gaming properties, joins a slew of others that are clamping down on large gatherings because of the COVID-19 pandemic.The gaming industry, along with travel and hospitality industries, are campaigning to be included in any government bailout stemming from COVID-19.Last year, 91 percent of the visitors to Macau hailed from mainland China and Hong Kong.m casino royale

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mohegan sun casino pocono slotsIn many of the states issuing those orders, the mandates aren’t targeting casinos, and pertain to businesses such as bars, cinemas, and restaurants, among others.on March 17 for the duration of 30 days,” according to a statement from the department.If Beijing gives the go-ahead for travelers from Guangdong, the closest province to Macau and China’s wealthiest, to return to the SAR, that could be a significant near-term boon for gaming revenue there.m.“It appears increasingly likely that the federal government will step in to help the various sectors of the hospitality industry, as well as the airlines,” Mikael Ahlgren, director of Gaming Initiatives at Penn State University, recently told Casino.JPMorgan’s estimate jibes with one released earlier this month by brokerage house Bernstein, which said Macau’s GGR likely slid almost 80 percent year-over-year through the first eight days of March.3 casino road sunnyside beach