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downstream casino opening date“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.But the Guangdong and Macau governments must make a decision on when the new checkpoint will officially open.Some analysts expect GGR there is tracking as much as 80 percent off year-earlier levels.(Image: CNBC)The Centennial State, which is home to more than 30 commercial and tribal gaming properties, joins a slew of others that are clamping down on large gatherings because of the COVID-19 pandemic.Positive SignsEarlier this month, China’s State Councig casino online slotsl approved the extension of Macau’s jurisdiction to Hengqin Port, a move that could aid in increasing visits from Guangdong.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 smalg casino online slotsl group of players,” said the research firm in a Monday note to clients.golden nugget casino promo code

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