2025.11.06
boomtown casino logoIt might be some time until additional businesses and/or activities are allowed to resume.(Image: Seth Wenig/AP)The MGM Resorts property in the Marina District is the last Atlantic City casino to welcome back guests.(Image: Seth Wenig/AP)The MGM Resorts property in the Marina District is the last Atlantic City casino to welcome back guests.foxwoods resort casino ziplineMore Work to Be DoneGuangdong relaxing its travel controls with Macau is undoubtedly a step in the right direction for concessionaires because the province is the largest feeder market for the gaming hub.That’s because travel restrictions with Hong Kong remain in place and there’s still no sign that Beijing is prepared to lift the freeze on individual visit scheme (IVS) visa issuance.In a note to clients today, Union Gaming analyst John DeCree raised his rating on Wynn to “buy” from “hold,” while noting the Encore operator is positioned to lead a recovery in Macau gaming equities.online slots real money michigan hard rock casino 3.8 millionangel of the winds casino slot machinesMy guess is we’re going to be here a bit.“If we cannot provide that level of hospitality, we feel it’s best that we remain closed until such time that the governor lets us know it is safe to offer food and beverage.”Wynn is one of the Macau operators more levered to VIP trends, whereas rival Las Vegas Sands (NYSE:LVS) is more dependent on the mass and premium mass market demographics.online casino kansasBut there’s still work to be done.covery will be hastened by higher-end gamblers, notes an analyst.44 percent over the past month, as market participants fret that a spike in COVID-19 cases in the US will keep gamblers and tourists away from the operators two Las Vegas Venues — Wynn and Encore.riverwind casino tulsa kansas star casino careerspalace station casino oyster barCasinos have been operating at a maximum 25 percent capacity over the last two weeks, but cannot serve food or drinks inside.Optimistic AnalystsShares of Wynn more than doubled off the March lows.After mainland China, Hong Kong accounts for the next- largest amounts of annual visits to the casino center.” The consensus sell-side price target on Wynn is around .We expect the initial recovery will be in the premium mass and VIP segments, and anticipate a flight to asset quality for both investors and consumers,” said DeCree.The operator’s other US property, Encore Boston Harbor, reopened a few days ago.bovada casino best odds river spirit casino margaritaville |