red stag casino ndb codesOn Saturday, the February reading of China’s official Purchasing Managers’ Index (PMI) was revealed to be 35.Murky Near-Term OutlookConsensus is building among analysts that Macau operators’ financial updates for the first and second quarters will almost be rendered moot because there will be little in the way of earnings to highlight.(Image: CNBC)The Macau Gaming Inspection and Coordination Bureau (DICJ) released February data earlier today.seminole casino entertainmentGross gaming revenue (GGR) in Macau slid 87.It was a drop hastened by a 15-day closure of casinos because of the outbreak of the novel coronavirus.5 percent and two percent, respectively.thunder valley casino gambling age

black oak casino events calendar

casino worldThe first confirmed COVID-19 was reported in China in mid-January, and by later that month, authorities pressed gaming operators to cancel Chinese Lunar New Year Festivities.Due to the COVID-19 epidemic, analysts are estimating sliding GGR figures as far out as the third quarter, though those declines are expected to be less severe than drops experienced in the first six months of 2020.Potentially compounding Macau’s woes is the toll the coronavirus is taking on the Chinese economy, the world’s second-largest behind the US.four winds casino new buffalo phone numberEntering this year, it was widely believed that China needed tonline casino freeo generate growth of at least six percent to bolster Macau’s chances of a GGR rebound following a sluggish 2019.8 percent to 7 million in February, the worst monthly decline in the enclave’s history.On Saturday, the February reading of China’s official Purchasing Managers’ Index (PMI) was revealed to be 35.foxwoods online gamers unite

online casino operators

boomtown casino restaurantsFebruary GGR was terrible in Macau and March won’t be much better.Analysts widely expected the second month of 2020 to be awful for Macau operators because of the coronavirus epidemic, but it could have been worse, as the consensus estimate called for a 90 percent drop in GGR.Nearly all of Macau’s casinos have reopened, but it’s still not business as usual because of stringent safety precautions in the venues and light foot traffic.Analysts aren’t expecting much improvement in March, with some forecasting a GGR drop of 80 percent.The respiratory illness has claimed 2,900 lives, most of which have been in China, while the number of global cases has swelled to 85,000.Analysts widely expected the second month of 2020 to be awful for Macau operators because of the coronavirus epidemic, but it could have been worse, as the consensus estimate called for a 90 percent drop in GGR.mohegan sun casino login