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miami club casino appWhile both Asia-Pacific markets were hindered by travel restrictions and temporary gaming property closures earlier this year.Those travel controls are easing and there are some near future imminent catalysts, mainly for Macau, in terms of marquee festivals.(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.cliff castle casino players cluborg bars and taverns should have been allowed to open this Saturday to take advantage of fan interest in Sunday’s NFL games.The 1-0 Raiders are facing the 1-0 New Orleans Saints in Southern Nevada’s new Allegiant Stadium.Those relying on the Las Vegas Strip are likely to lag rivals with significant Asia-Pacific or domestic regional footprints, according to Fitch Ratings.river spirit casino bars casino 52black oak casino covid(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.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.Some operators, including Boyd Gaming (NYSE: BYD) and Penn National Gaming (NASDAQ:PENN), check both boxes.boulder station hotel and casino las vegas nevadaGlobal 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.Weekends in the largest US gaming center are only slightly better, with a major runway for improvement, because many leisure travelers are wary of boarding passenger jets in the wake of the pandemic.(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.lake tahoe casino entertainment brian christopher slot room plazakansas star casino smoking policyThe research firm acknowledges that the major global destination gaming markets of Las Vegas, Macau, and Singapore are currently faring poorly.9 billion domed stadium since moving from Oakland at the end of last season.”“The recovery trajectory for Macau is still opaque,” the ratings agency adds, because there’s still a travel ban in place with Hong Kong.While some NFL teams are allowing a limited number of fans to attend games, spectators are not permitted in Allegiant Stadium for Raiders games this season because of COVID-19 concerns.Those relying on the Las Vegas Strip are likely to lag rivals with significant Asia-Pacific or domestic regional footprints, according to Fitch Ratings.Gaming companies’ coronavirus recovery efforts hinge largely on geographic exposure.w casino las vegas poker winning cards |