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online gambling dangers(Image: CNBC)The Centennial State, which is home to more than 30 commercial and tribal gaming properties, joins a slew of others that are clamping down on large gatherings because of the COVID-19 pandemic.Colorado is mandating a variety of businesses, including casinos, temporarily close because of the coronavirus.As for forecasts on Macau-related equities, essentially none of which have been positive this year, JPMorgan sees some utility in bad news being largely baked into these names.casino n.b”Late Monday night, Penn National Gaming – a company that’s grappling with temporary closures in an Macau gaming revenue fell as much as 80 percent in the first half of March, according to JPMorgan Securities.Colorado is mandating a variety of businesses, including casinos, temporarily close because of the coronavirus.turtle lake casino gift shop

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bitcoin and online gamblingm.“While we embrace near-term concerns on horrid GGR trends and sell-side earnings cuts, we believe most of the cuts will be done by next month (post-March GGR, plus possible resumption of Macau IVS), after which we expect these stocks to grind higher on ‘less bad’ trends and normalizing multiples,” said analysts at the bank.The gaming industry, along with travel and hospitality industries, are campaigning to be included in any government bailout stemming from COVID-19.on March 17 for the duration of 30 days,” according to a statement from the department.”Late Monday night, Penn National Gaming – a company that’s grappling with temporary closures in an The Colorado Deparus casino real money onlinetment of Public Health and Environment issued a public health order to close bars, restaurants, gyms, theaters, and casinos to slow the spread of the COVID-19 virus, effective at 8:00 a.no deposit bonus casino uk 2020