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hard rock casino melbourne flThose 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.The Colorado Department of Public Health and Environment issued a public health order to close bars, restaurants, gyms, theaters, and casinos to slow the spread of the COVID-19 virus, effective at 8:00 a.“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.free slots casino mega winsJPMorgan’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.Market observers believe the key to the peninsula’s return to business as usual lies with China, Hong Kong,viejas casino drinks Taiwan, and some other nations relaxing travel restrictions to the gaming center.is hard rock casino pet friendly

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black oak casino weddingAs 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.But the Guangdong and Macau governments must make a decision on when the new checkpoint will officially open., said it will comply with thetwin river casino blackjackIn 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.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.2 million in turnover, down 75 percent to 80 percent on a year-over-year basis, according to JPMorgan Securities.free online yahtzee slots

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free online poker sites for funIf 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.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.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.25 million) in the previous week, we think week-on-week trend is almost meaningless at this point, as it is will continue to be extremely volatile, driven by a small group of players,” said the research firm in a Monday note to clients., said it will comply with the, said it will comply with thehard rock casino halloween 2021

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