2025.09.19
harrah s casino kcThe research firm acknowledges that the major global destination gaming markets of Las Vegas, Macau, and Singapore are currently faring poorly.Some operators, including Boyd Gaming (NYSE: BYD) and Penn National Gaming (NASDAQ:PENN), check both boxes.In Las Vegas, 548 Wynn Resorts employees have tested positive for COVID-19, with some 497 of those cases confirmed after Nevada reopened its casinos on June 4.free casino slot games without downloadingMacau 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.Investors looking for exposure to the gaming recovery should shy away from Las Vegas, advises Fitch.A Wynn spokesman told The Associated Pressadmiral casino eastbourne little river casino event calendartwin river casino wikiWeekends in the largest US gaming center are only slightly better, with a major runway for improvement, because many leisure travelers are wary of boarding passenger jets in the wake of the pandemic.The 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.Those relying on the Las Vegas Strip are likely to lag rivals with significant Asia-Pacific or domestic regional footprints, according to Fitch Ratings.seminole casino website(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.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.Some operators, including Boyd Gaming (NYSE: BYD) and Penn National Gaming (NASDAQ:PENN), check both boxes.harrah s cherokee casino in murphy north carolina casino t shirt ideascasino near me evansville indianaSome operators, including Boyd Gaming (NYSE: BYD) and Penn National Gaming (NASDAQ:PENN), check both boxes.The 1-0 Raiders are facing the 1-0 New Orleans Saints in Southern Nevada’s new Allegiant Stadium.Those travel controls are easing and there are some near future imminent catalysts, mainly for Macau, in terms of marquee festivals.While both Asia-Pacific markets were hindered by travel restrictions and temporary gaming property closures earlier this year.Weekends in the largest US gaming center are only slightly better, with a major runway for improvement, because many leisure travelers are wary of boarding passenger jets in the wake of the pandemic.US regional operators, such as Penn National Gaming and Boyd Gaming, are already sonline gambling helphowing promising results,” said Fitch.casino golden palace lima tachi palace casino and resort |