captain jack casino loginDue to the limitations on visits to the peninsula, Bernstein is now forecasting a December GGR decline of 12 percent to 16 percent, far worse than its original estimate calling for a decline of eight percent to 11 percent.Morgan’s Greff.More Rough ForecastsThe celebration marking the transfer of Macau to Chinese control from being a colony of Portugal doesn’t commence until later this month.reviews on las atlantis casinoJan.(Image: WVXU)In a report out Monday, Bernstein’s team of gaming analysts note the tighter visitation policy, revealed as part of preparations for cjamul casino san diegoelebrations later this month commemorating the twentieth anniversary of the handover of Macau to China from Portugal, are hampering revenue there.The AGA is advising casinos how to make sure their cashier cages aren’t being used for illicit purposes.encore casino dreb code

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hollywood casino bay st louisAdditionally, casinos – like banks an22, earlier than was expected.Reasons For The RestrictionsChina is clamping down on Macau tourism this month for a simple reason: an array of high-ranking dignitaries are expected to attend the handover ceremonies later this month.queen of hearts free slot gamesRevenue among high-end gamblers visiting the Special Administrative Region (SAR) has been slack for several months, a scenario exacerbated by the visa controls because more affluent players, particularly those from mainland China, make more frequent visits to the peninsula than do their mass market counterparts.For Macau gaming equities, the timing of Bernstein’s downward revisions is inauspicious because it comes just days after J.Of the 14 analysts covering Penn stock, 11 have bullish ratings on the shares.poker casino nova scotia

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valley forge casino resort restaurantsWhile VIP hold rate is around the normal range, this hold is lower than last December,” note the Bernstein analysts.A clampdown by China on Macau visas is hurting gaming revenue in the casino hub.HG Vora, which has stakes in a slew of gaming companies, is the largest hedge fund owner of Penn National shares, with a stake valued at more than 0 million.Solid fundamentals and the potential for robust margin expansion could be among the factors luring pros to the stock.org reported Monday, Wynn released solid October earnings before interest, taxes, depreciation and amortization (EBITDA) and revenue guidance for its two Macau properties, Wynn Macau and Wynn Palace.Penn could benefit from “strong fundamentals for the regional gaming consumer, which should continue to support modest gross gaming revenue (GGR) growth, favorable year-over-year comparisons, particularly in areas impacted by adverse weather in 2019 (Midwest and South); and opportunity for further margin expansion,” said J.foxwoods resort casino vs mohegan sun