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turtle lake casino bandsRecent gross gaming revenue (GGR) and traffic data points indicate things are trending in the right direction for Macau.But some analysts believe it’s going to be a while before high-end players materially contribute to the special administrative region’s (SAR) recovery.That’s a long timeline, particularly against the coronavirus backdrop, and is extended by junket operators’ concerns about Beijing’s money transfer policy.That’s a long timeline, particularly against the coronavirus backdrop, and is extended by junket operators’ concerns about Beijing’s money transfer policy.Bernstein notes five of the six Macau concessionaires achieved break-even EBITDA in October, and are on pace to do so again this month, with SJM Holdings likely to join the party by the end of the year.Casino companies are looking to allay those concerns, with some executives noting that because Macau is Chinese territory, money moved from the mainland to the SAR isn’t considered an international transfer.drake casino twitter

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