bellagio casino biloxi msAs US/China relations become increasingly volatile, there’s speculation those operators are at risk of losing Macau permits.The Encore (seen here) and Wynn Las Vegas are implementing new security measures.The two Wynn Resorts properties are side-by-side on the Las Vegas Strip.mohegan sun casino buffetTheSecurity will also screen hand-held bags, according to the Las Vegas Review-Journal.But Bernstein dispels that notion.online gambling draftkings

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four winds casino and hotelSigh of ReliefFor investors, Bernstein’s commentary on the fate of US operators in Macau is likely a relief, because loss of exposure to that market would be highly damaging to the thesis on these names.The increased safety presence will include a K-9 team and officers who served in the FBI and all US military branches, according to the newspaper.Things Stay the Same…ProbablyLicenses for all six Macau concessionaires expire in mid-2022.lake tahoe casinos evacuationNow, some analysts believe it will be 2022 before Macau regulators even get around to discussing license renewals, and even that timeline could be pushed out a year.Analysts believe it’s likely US operators will have licenses renewed there.“Directly attacking US business (especially ones that have been solid partners to the Macau government) is not a very likely course of action,” notes Bernstein.foxwoods resort casino spa

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is viejas casino open for businebIt’s not unreasonable to expect Beijing realizes it could do more harm than good to Macau if marquee winstar world casino photosbrands such as Sands and Wynn are driven from the market.Analysts believe it’s likely US operators will have licenses renewed there.(Image: Bloomberg)There are six concessionaires operating in the world’s largest gaming center, three of which are based in Nevada — Las Vegas Sands (NYSE:LVS), MGM Resorts International (NYSE:MGM), and Wynn Resorts (NASDAQ:WYNN).We view the scenario where one or more of the US casino operators lose their gaming concession to be remote, unless the [US-China] relationship sours significantly further and we see directed action against US businesses in China, which would raise risk levels in Macau as well,” said the research firm.Heading into 2020, consensus wisdom was that renewal talks would start this year.(Image: Las Vegas Review-Journal)Patrons entering the Wynn Resorts properties will now be scanned for metal objects.pa draftkings casino