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Not Much ClarityWith travel to Macau still heavily restricted and Beijing not yet relenting on controls on the individual visit scheme (IVS) – the primary visa source for mainland Chinese gamblers looking to enter the gaming hub – analysts don’t see GGR declines abating over the near-term. “IVS and group visas into Macau are suspended, and most transport is severely disrupted, with most airlines cancelling or limiting flights into Macau and surrounding airports,” according to Bernstein. The COVID-19 epidemic comes at a time when Macau concessionaires are trying to bolster non-gaming turnover, dealing a blow to that effort. Gaming accounts for about 90 percent of revenue at the integrated resorts there because food and rooms are often comped to premium mass and VIP junket players. nearest 18+ casino Since casinos reopened last week, more VIPs than mass market players have returned, potentiallcasino poker games listy providing a lift to Wynn Resorts. turtle creek casino from my location Among others, that operator is dependent on the high end of the Macau market, and was losing as much as . 6 million per day during the closure. free online slot machines canada
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Just GuessingEntering this year, the consensus view for Macau operators was that the first half would be slow before a rebounded materialized in the back half. But that outlook did not account for the novel coronavirus. little river casino in south carolina Because of the outbreak, analysts now believe it’s difficult – at best – to project how GGR on the peninsula will look for the first half of 2020, and that estimates to that effect amount to no more than guesses. “Forecasts for the near term (i. e. 1H20) are largely guesses at this time, with the biggest variables now being when travel restrictions from China will be lifted,” said Bernstein. four winds casino theater Golden Nugget, LLC said Monday it’s expanding its long-running iGaming pact with gaming technology provider Scientific Games and adding sports betting to the mix as well. holland casino blackjack kaarten tellen
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