2025.12.15
red stag casino withdrawalDented RecoveryWhile analysts and industry observers widely expect Macau to rebound from the COVID-19 pandemic more rapidly than Las Vegas, the recovery time line in the Asian gaming hub is growing longer.Boyd Gaming announced it will ax 284 more jobs at two of its downtown Las Vegas properties, the California Hotel and Casino and Main Street Station.No End in Sight“When the COVID-19 pandemic began earlier this year, we hoped that the disease would be under control and that the regulatory restrictions on our operations acasino slot tacticsnd the sudden decrease in visitors would be short-lived,” the company wrote in a notice to employees last month.paragon casino buffete.As for junkets, Goldman believes the situation will steady, and high-end gamblers are merely waiting out Beijing’s clampdown on money transfers.Wynn Macau.nearest casino near me now is black lotus casino legitwhere is silver oak casino locatedThe job losses will impact a range of employees, including dealers, food servers, guest ro(Image: Boyd Gaming)The new layoffs come three months after the Las Vegas locals market giant announced thousands of job losses because of the economic pressures of the coronavirus.China is crimping junket visits, but Goldman Sachs says the situation isn’t structurally bad.nearest casino near branson moThe Golden Week holiday wrapped up today, with visits falling nearly 87 percent year-over-year, meaning the highly anticipated fourth-quarter resurgence in GGR figures will likely be pushed out to 2021.“Because of the unforeseeable and dramatic continuing impacts of pandemic-related restrictions on our customers and our business, Boyd Gaming is giving as much notice as is practicable,” Boyd continued.As the Goldman analysts point out, it’s all about ease of moving funds in the current environment.gold coast casino history mgm casino loginroulette casino secretsChina is crimping junket visits, but Goldman Sachs says the situation isn’t structurally bad.The Golden Week holiday wrapped up today, with visits falling nearly 87 percent year-over-year, meaning the highly anticipated fourth-quarter resurgence in GGR figures will likely be pushed out to 2021.The sector accounted for half of the special administrative region’s (SAR) .It’s taking a week to 10 days for tourist visas to be approved on the mainland, while Hong Kong still has a 14-day quarantine protocol in effect casino slot tacticsfor travelers arriving from the gaming center.Not Jumping for JunketsThe current state of affairs is tricky for Macau operators.“As far as demand is concerned, while certain players may hold off their gambling trips near-term until the situation stabilizes, in view of the crackdown [in China] of illegal gambling activities and the introduction of a ‘banned player list’, we do not see any structural issue and/or substitutes for brick-and-mortar gambling in the medium term,” said the bank.black hawk casino update peppermill casino promotions |