foxwoods resort casino concerts(Image: FOX Business)With a COVID-19 vaccine likely sonline gambling helptill months away, Sin City continues struggling, as convention traffic remains non-existent, leading to rock bottom weekday occupancy rates.Investors looking for exposure to the gaming recovery should shy away from Las Vegas, advises Fitch.“Fitch expects Macau, China to recover faster than Las Vegas, due to closer proximity of Macau’s feeder markets.luckyland casino websiteThe research firm acknowledges that the major global destination gaming markets of Las Vegas, Macau, and Singapore are currently faring poorly.Online, Regional Where it’s at in USInvestors considering exposure to domestic gaming equities should consider those with online or regional exposure.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.jamul casino parking

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casino poker 35“Fitch expects Macau, China to recover faster than Las Vegas, due to closer proximity of Macau’s feeder markets.org bars and taverns should have been allowed to open this Saturday to take advantage of fan interest in Sunday’s NFL games.Those travel controls are easing and there are some near future imminent catalysts, mainly for Macau, in terms of marquee festivals.wild horse pab casino gambling ageRevenue growth from iGaming and sports wagering, coupled with regional markets rebounding more rapidly than Sin City, bolsters the case for gaming assets that aren’t intimately correlated to Strip occupancy and traffic trends.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.Global gaming company recovery trajectories following the aftermath of the coronavirus pandemic will differ with exposure to local markets and online channels differentiating winners from losers over the near term,” said Fitch in a recent note.hollywood casino pennsylvania

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30 free online slotsThe research firm acknowledges that the major global destination gaming markets of Las Vegas, Macau, and Singapore are currently faring poorly.(Image: FOX Business)With a COVID-19 vaccine likely sonline gambling helptill months away, Sin City continues struggling, as convention traffic remains non-existent, leading to rock bottom weekday occupancy rates.Global gaming company recovery trajectories following the aftermath of the coronavirus pandemic will differ with exposure to local markets and online channels differentiating winners from losers over the near term,” said Fitch in a recent note.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.However, he noted that by being able to open late Sunday, these places can be ready in time to host patrons interested in the Las Vegas Raiders home opener on television Monday night.(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.casino near me maryland