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tgi gold coast casinoThe 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.(Image: FOX Business)With a COVID-19 vaccine likely swynn las vegas casino newstill months away, Sin City continues struggling, as convention traffic remains non-existent, leading to rock bottom weekday occupancy rates.Some operators, including Boyd Gaming (NYSE: BYD) and Penn National Gaming (NASDAQ:PENN), check both boxes.slot casino jackpotRevenue 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 acknowledges that the major global destination gaming markets of Las Vegas, Macau, and Singapore are currently faring poorly.Some operators, including Boyd Gaming (NYSE: BYD) and Penn National Gaming (NASDAQ:PENN), check both boxes.how are casino tier points calculated online gaming karnatakahow much is morongo casino worthGlobal 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.Investors looking for exposure to the gaming recovery should shy away from Las Vegas, advises Fitch.(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.santa ana casino christmas eventsGaming companies’ coronavirus recovery efforts hinge largely on geographic exposure.“Destiwynn las vegas casino newsnation gaming markets outside of the US are also faring poorly, albeit with different near-term prospects than the Las Vegas Strip,” said the research firm.The research firm acknowledges that the major global destination gaming markets of Las Vegas, Macau, and Singapore are currently faring poorly.santa ana casino pool paragon casino table gameslive casino philadelphia review9 billion domed stadium since moving from Oakland at the end of last season.Fitch sees Las Vegas trailing other markets in the gaming recovery.(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.Online, Regional Where it’s at in USInvestors considering exposure to domestic gaming equities should consider those with online or regional exposure.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.Weekends in the largest US gaming center are only slightly better, with a major runway for improvement, because many leisure travelers are wary of boarding passenger jets in the wake of the pandemic.slotworld casino angel of the winds casino gas prices |