2025.11.06
encore casino up for saleImplementation of visa restrictions is limiting gamblers’ visits to Macau this month, and that’s crimping monthly gross gaming revenue (GGR), say some analysts.Solid fundamentals and the potential for robust margin expansion could be among the factors luring pros to the stock.P.scarlet pearl casino entertainmentP.(Image: WVXU)In a report out Monday, Bernstein’s team of gaming analysts note the tighter visitation policy, revealed as part of preparations for cjamul casino san diegoelebrations later this month commemorating the twentieth anniversary of the handover of Macau to China from Portugal, are hampering revenue there.A clampdown by China on Macau visas is hurting gaming revenue in the casino hub.twin river casino lincoln ri directions casino near me greensburg paonline slots real money iowa4 million per day, according to Bernstein.22, earlier than was expected.Penn could benefit from “strong fundamentals for the regional gaming consumer, which should continue to support modest gross gaming revenue (GGR) growth, favorable year-over-year comparisons, particularly in areas impacted by adverse weather in 2019 (Midwest and South); and opportunity for further margin expansion,” said J.aliante casino gift daysRevenue among high-end gamblers visiting the Special Administrative Region (SAR) has been slack for several months, a scenario exacerbated by the visa controls because more affluent players, particularly those from mainland China, make more frequent visits to the peninsula than do their mass market counterparts.Solid fundamentals and the potential for robust margin expansion could be among the factors luring pros to the stock.A clampdown by China on Macau visas is hurting gaming revenue in the casino hub.draftkings casino promo code existing users bovada casino pokeryoutube casino slots with brian christopherVisa limitations/restrictions on IVS and transit visas are impacting higher-frequency, higher-end players in both VIP and mass along with junket agents, which has led to significant declines in higjamul casino san diegoh-end visitation and GGR,” according to Bernstein.Last month, the research firm lowered earnings and revenue estimates for the six Macau concessionaires, citing lethargy in the high-end segment.For Macau gaming equities, the timing of Bernstein’s downward revisions is inauspicious because it comes just days after J.That’s a 16 percent tumble from the year earlier period, and a six percent decline from November, which was the worst month of the year in terms of gaming turnover in Macau.Last month, the research firm lowered earnings and revenue estimates for the six Macau concessionaires, citing lethargy in the high-end segment.Revenue among high-end gamblers visiting the Special Administrative Region (SAR) has been slack for several months, a scenario exacerbated by the visa controls because more affluent players, particularly those from mainland China, make more frequent visits to the peninsula than do their mass market counterparts.luckyland slots big win blackjack online oyna |