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borgata casino nj reopeningJPMorgan’s estimate jibes with one released earlier this month by brokerage house Bernstein, which said Macau’s GGR likely slid almost 80 percent year-over-year through the first eight days of March.on Tuesday, March 17, 2020 as a precautionary measure against the ongoing spread of COVID-19.”Late Monday night, Penn National Gaming – a company that’s grappling with temporary closures in an array of states – got the ball rolling, saying “it will temporarily suspend operations at Ameristar Black Hawk Casino Hotel for a period of thirty days beginning at 4:00 a.foxwoods resort casino grand pequot towerIf Beijing gives the go-ahead for travelers from Guangdong, the closest province to Macau and China’s wealthiest, to return to the SAR, that could be a significant near-term boon for gaming revenue there.Waiting For Green ShootsAs gaming hubs around the world grapple with the coronavirus, investors and operators are desperate for positive vibes, and Macau may be inching to closer compared to other regions due in part some strength among high-end players., folonline casino 18+lowed Penn National in announcing the closure of its Colorado venue.fanduel casino update

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wild casino mobilem.on March 17 for the duration of 30 days,” according to a statement from the department.“VIP seems to be faring better (down 70 percent to 75 percent year-on-year) than mass (down 80 percent to 85 percent), which is also within expectations and not very telling,” according to JPMorgan.“While we embrace near-term concerns on horrid GGR trends and sell-side earnings cuts, we believe most of the cuts will be done by next month (post-March GGR, plus possible resumption of Macau IVS), after which we expect these stocks to grind higher on ‘less bad’ trends and normalizing multiples,” said analysts at the bank.But the Guangdong and Macau governments must make a decision on when the new checkpoint will officially open.2 million in turnover, down 75 percent to 80 percent on a year-over-year basis, according to JPMorgan Securities.free spins red stag casino