Bovada Casino Bonus  second-straight month pushing share prices for Wynn resorts and their competition lower. (Source: Macau Business)Most industry analysts expected gaming revenue to jump from between 17 and 21 percent in the month of June. Instead, year-over-year profits for the month hit a high of . 78 billion, an increase of just 12. choctaw casino rv park Boomtown Casino Gulfport Mibibippi Vlmo 5 percent, well short of analyst expectations. draftkings casino uk That marks two straight months that profits have fallen short of expectations, although the enclave city still managed to post a 23rd consecutive month of growth. The company’s stocks are sliding as a consequence. tachi palace casino gambling age Share prices in Wynn Resorts dipped to 4. lucky tiger casino welcome bonus

14 per share on the news this week, a drop of 7. 89 percent. If you’re wondering why, look no further than the fact that Wynn derives about 50 percent of its revenue from their Macau casino business. how to play luckyland slots on iphone Temporary, or a Trend? intertops casino usa Despite the disappointing June showing, industry analysts say it’s not time to hit the panic button just yet. south lake tahoe casinos open A number of experts speculate that the opening of the World Cup may have played a factor in keeping casino crowds low in June. z casino black hawk co 80422 It’s also worth pointing out that June 2017 was a tough month to live up to when comparing year-over-year revenue, as it marked the second-most profitable month of that calendar year. “Keep in mind that Macau has bad weeks all the time, and one bad week doesn’t make a trend,” Gaming Securities Asia analyst Grant Govertsen told the Las Vegas Review Journal.

Key Insights and Expert Analysis

While some analysts beldesert diamond vs casino del solieve the pending completion of the Hong Kong to Macau bridge could provide a boost to gaming numbers, not everyone is convinced. Governsten maintains that the bridge will create “no discernible impact” on revenues – gaming or otherwise – for the former Portuguese enclave. online casino no deposit bonus germany The 34-mile, billion bridge will cut travel time between Macau and Hong Kong to just 40 minutes and is expected to be open later this year. Sagging CompetitionJune was difficult for one of the new kids on the block as well. where is viejas casino MGM Resorts, which opened a second casino in Macau earlier this year suffered a three percent drop in its stock price,down to . 27 per share. Santa Ana Casino Buffet And Grill Uasb Its new property has failed to bring in the big crowds so far, according to the Las Vegas Review Journal. Free Elvis Presley Slot Machines Chvf “We’re not seeing the market-growing benefit from the most recent supply, as it needs to be finished before it can begin ramping properly,” Govertsen said.

Las Vegas Sands, which also makes some 50 percent of its profit via Macau, wasn’t immune either. little river casino boat in myrtle beach.sc Its shares were down 6. 67 percent to . 27 this week. In the big picture, however, it may just be a bump in the road. no deposit codes casinos angel of the winds casino hotel reviews The Munsters Free Slot Games Audx Gaming analysts have predicted that revenues in the “Las Vegas of Asia” could hit billion by 2022. kim ward twin river casino The Culinary Union (Local 226) has announced it will picket the off-Strip Westgate Las Vegas Resort & Casino and Fremont Street’s D Las Vegas Casino Hotel this Friday, July 6. In May, the 50,000-strong Culinary Union voted to stage a desert diamond vs casino del solcitywide walkout if its demands were not met. pechanga casino gift card

Several operators have since struck deals with the unions and the threatened strike was averted. (Image: Culinary Workers Union Local 226)The union, which represents around 50,000 bartenders, bellmen, cocktail servers, food servers, housekeepers, kitchen staff and porters, will use the July 4th weekend to highlight an apparent impasse in contract talks with the two casinos. An estimated 316,000 visitors are expected to flock to the city for the festivities. The news comes as the union announced on Tuesday a “tentative agreement” with the Plaza Hotel and Casino, described on Twitter as a “historic new 5-year contract” downstream casino jacuzzi room