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casino pierJPMorgan’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.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.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.gta 5 casino blackjack riggedBut three of those are in states ordering temporary business suspensions – Colorado, Indiana, and Mississippi.2 million in turnover, down 75 percent to 80 percent on a year-over-year basis, according to JPMorgan Securities.”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.3 card poker casino game

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free slots jackpot block partyThose 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., said it will comply with theThat extension goes into effect midnight Wednesday.JPMorgan’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.“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.In many of the states issuing those orders, the mandates aren’t targeting casinos, and pertain to businesses such as bars, cinemas, and restaurants, among others.is pechanga kid friendly