2025.09.19
turtle creek casino tribeGaming companies’ coronavirus recovery efforts hinge largely on geographic exposure.Macau Not Great, But Better Than VegasOver the course of the pandemic, it’s been common for analysts to opine that Macau and perhaps Singapore will rebound faster than Las Vegas.Global gaming company recovery trajectories following the aftermath of the coronavirus pandemic will differ with exposure to local markets and online channels differentiating winners from losers over the near term,” said Fitch in a recent note.nearest casino to lubbock texasThe task force vote this week allows bar tops to be reopened if social distancing and other safety directives are followed.Likewise, Asia’s history of dealing with pandemics is a positive for operators there, with executives noting the region has been through experiences like COVID-19 in the past, and when things return to normal, there’s a voracious appetite for gambling.US regional operators, such as Penn National Gaming and Boyd Gaming, are already sonline gambling helphowing promising results,” said Fitch.brian christopher slots husband harrah s cherokee resort casinoharrah s cherokee casino gift shopThe research firm adds companies that are highly focused on the destination/experiential element of Las Vegas are “at the mercy of long-distance travel trends normalizing.That meant customers could play standalone video gaming machines, but not video machines embedded in the bar tops.(Image: Fitch Ratings)“We expect the revenue generation of companies exposed to local markets and online channels to hit 2019 baseline levels faster than those with high exposure to destination markets, or markets with a more cautious approach to re-opening and travel.is santa ana casino openInvestors looking for exposure to the gaming recovery should shy away from Las Vegas, advises Fitch.Macau Not Great, But Better Than VegasOver the course of the pandemic, it’s been common for analysts to opine that Macau and perhaps Singapore will rebound faster than Las Vegas.Fitch sees Las Vegas trailing other markets in the gaming recovery.wild casino rating seminole casino fort lauderdale floridawinstar world casino imagesRevenue growth from iGaming and sports wagering, coupled with regional markets rebounding more rapidly than Sin City, bolsters the case for gaming assets that aren’t intimately correlated to Strip occupancy and traffic trends.Those relying on the Las Vegas Strip are likely to lag rivals with significant Asia-Pacific or domestic regional footprints, according to Fitch Ratings.But their timelines to recovery aren’t comparable.Online, Regional Where it’s at in USInvestors considering exposure to domestic gaming equities should consider those with online or regional exposure.Three staff members died from the virus, the company said in a statement.The research firm acknowledges that the major global destination gaming markets of Las Vegas, Macau, and Singapore are currently faring poorly.casino joe pesci soaring eagle casino upcoming concerts |