2025.10.10
boomtown casino promotions(Image: FOX Business)With a COVID-19 vaccine likely sencore casino storestill months away, Sin City continues struggling, as convention traffic remains non-existent, leading to rock bottom weekday occupancy rates.“Destiencore casino storesnation gaming markets outside of the US are also faring poorly, albeit with different near-term prospects than the Las Vegas Strip,” said the research firm.Gaming companies’ coronavirus recovery efforts hinge largely on geographic exposure.hotels near turtle lake casino9 billion domed stadium since moving from Oakland at the end of last season.“Fitch expects Macau, China to recover faster than Las Vegas, due to closer proximity of Macau’s feeder markets.Some operators, including Boyd Gaming (NYSE: BYD) and Penn National Gaming (NASDAQ:PENN), check both boxes.big dollar casino bonuses blackjack jugar onlineresorts casino parkingLikewise, Asia’s history of dealing with pandemics is a positive for operators there, with executives noting the region has been through experiences like COVID-19 in the past, and when things return to normal, there’s a voracious appetite for gambling.Global 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.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.blackjack online quoraThe 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.But their timelines to recovery aren’t comparable.9 billion domed stadium since moving from Oakland at the end of last season.harrah s cherokee casino back porch hollywood casino tunica msdoubledown casino on facebook promo codesThose travel controls are easing and there are some near future imminent catalysts, mainly for Macau, in terms of marquee festivals.emain open, bars and taverns that serve food could not allow customers at the bar.Investors looking for exposure to the gaming recovery should shy away from Las Vegas, advises Fitch.Investors looking for exposure to the gaming recovery should shy away from Las Vegas, advises Fitch.A Wynn spokesman told The Associated PressBut their timelines to recovery aren’t comparable.boomtown casino hotel black oak casino facebook |