2025.12.16
is downstream casino smoke freeMacau gaming revenue fell as much as 80 percent in the first half of March, according to JPMorgan Securities.(Image: CNBC)The Centennial State, which is home to more than 30 commercial and tribal gaming properties, joins a slew of others that are clamping down on large gatherings because of the COVID-19 pandemic.As for forecasts on Macau-related equities, essentially none of which have been positive this year, JPMorgan sees some utility in bad news being largely baked into these names.governor of poker 1 free onlineSome analysts expect GGR there is tracking as much as 80 percent off year-earlier levels.m.Those dour forecasts come after gaming turnover in the Special Administrative Region (SAR) plunged by a record 88 percent in February following a 15-day gaming property closure because of the COVID-19 outbreak.online casino real money roulette online slots real money australiaclub player casino phone number“The public health order will help the state slow and limit the spread of COVID-19 in Colorado communities.“It appears increasingly likely that the federal government will step in to help the various sectors of the hospitality industry, as well as the airlines,” Mikael Ahlgren, director of Gaming Initiatives at Penn State University, recently told Casino.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.how to profit from casino bonuses“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.Colorado is mandating a variety of businesses, including casinos, temporarily close because of the coronavirus.”bellagio casino sri lanka casino roulette zero spieldownstream casino daycareMarket observers believe the key to the peninsula’s return to business as usual lies with China, Hong Kong, Taiwan, and some other nations relaxing travel restrictions to the gaming center.“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. properties in Pennsylvania, Iowa, Kansas, Colorado, Mississippi, Louisiana, Maine, Michigan, New Mexico, Indiana, Massachusetts, Illinois, and Ohio.m.If 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.Macau gaming revenue fell as much as 80 percent in the first half of March, according to JPMorgan Securities.free keno slot games brian christopher slots winstar casino |