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casino t shirt onlineBernsteionline casino michigan free playn noted yuan weakness poses risks to Macau GGR growth.MGM Springfield celebrated its one-year anniversary by debuting a new stadium casino area.But from August 23, 2018 through the end of July 2019, the casino has reported gross gaming revenue (GGR) of only 2.angel of the winds casino resort bowlingAs part of its retaliation against the US for trade tariffs, Beijing devalued its currency earlier this month, sending the yuan below seven against the US dollar for the first time since 2008.That’s desirable to MGM, as the casino looks to improve gaming revenues, which have largely disappointed over its first 12 months in business.“The protests in Hong Kong may have also caused some transport disruption and created a headwind to China visitation into HK (and onward visitation into Macau).free casino slots 2020 viejas casino open todayroulette casino game appAs part of its retaliation against the US for trade tariffs, Beijing devalued its currency earlier this month, sending the yuan below seven against the US dollar for the first time since 2008.Another ProblemAnother issue potentially confounding Macau gaming venues is weakness in the Chinese yuan.Anything you can do from a live table you can do here,” MGM Springfield VP of Gaming Operations Robert Westerfield said.free online slots play free no downloadBut even if that’s true, it’s an acknowledgement of slowing growth in China, which is an obvious headwind for Macau.“So far, they don’t get it.But when you replace ‘millenfour winds casino south bend winners online casino games for moneymgm grand casino restaurantsAnything you can do from a live table you can do here,” MGM Springfield VP of Gaming Operations Robert Westerfield said.“The protests in Hong Kong may have also caused some transport disruption and created a headwind to China visitation into HK (and onward visitation into Macau).But we believe the impact from the HK protests has been immaterial,” said the Bernstein analysts.“This market has some really strong competitors that have been in the market for 20-plus years,” MGM Springfield President Mike Mathis said recently.Now accounting for the largest percentage of workers in the US labor force, those born roughly between 1981 to 1996 don’t seem to fancy slot machines nearly as much as older generations.However, Bernstein joins JPMorgan in noting that the Hong Kong demonstrations, which have stretched into a third month, likely didn’t pinch Macau GGR much in August.downstream casino general manager morongo casino resort |