2025.11.10
river spirit casino resort in tulsa oklahoma(Image: Wall Street Journal)Because of the spreading of the new coronavirus, Macau Chief Executive Ho Iat Seng on Tuesday said the peninsula’s gaming properties will be closed 15 days.It’s likely that analysts will press executives for some clarity on the coronavirus situation.”Other FactorsOver the near-term, perhaps the most crucial issue facing Macau’s gaming industry is just how long the closures will last.kansas star casino hotel mulvane ksLas Vegas Sands (NYSE:LVS), MGM Resorts International (NYSE:MGM), and Wynn Resorts (NASDAQ: WYNN) – three of the largest operators in Macau – could contend with credit headwinds in the wake of the casino closures there, says Moody’s Investors Service.“Macau is located less than 40 miles to the southwest of Hong Kong and is accessible by road via the Hong Kong-Zhuhai-Macau Bridge, ferry, and helicopter, with Macau’s visitation largely dependent on tourists from mainland China,” said Moody’s.Macau’s casino closure effort, aimed at protecting the Special Administrative Region’s (SAR) citizens and gaming staffers from the live casino 22.com logincoronavirus, could last beyond the expected two weeks, according to one industry executive.free casino slot games for fun downloads caesars casino reservationschumba casino terms and conditions”Moody’s is more sanguine in its outlook, saying that despite the 15-day casino closure policy, there will not be any impact to the ratings of LVS, MGM, and Wynn at this time.ble games.8 billion) of its total consolidated revenue (about .mgm casino open yet“For the 12 months through September 2019, It generated about 72% (or .Even if there is swift resolution on that front, operators will still need mainland China and Hong Kong to reopen travel to and from Macau.Macau’s casino closure effort, aimed at protecting the Special Administrative Region’s (SAR) citizens and gaming staffers from the live casino 22.com logincoronavirus, could last beyond the expected two weeks, according to one industry executive.sunset station casino floor map jamul casino new memberswild rose casino emmetsburg hoursIt’s estimated that visits to the world’s largest gaming center tumbled by aboutlive casino 22.com login 80 percent last month, and Moody’s warned that if the situation becomes “protracted,” it could turn into a credit negative event for the aforementioned companies.“On 3 February, Hong Kong’s Chief Executive Carrie Lam Cheng Yuet-ngor announced the closure of all but two border crossings with mainland China to shut out the coronavirus, with just the Shenzhen Bay joint checkpoint and Hong Kong-Zhuhai-Macau Bridge remaining open.“For the 12 months through September 2019, It generated about 72% (or .”Documented cases of the “Wuhan virus” in Macau haven’t increased over the past two days, but on a global basis, the number has swelled beyond 25,000 and the death toll in China is 564.Las Vegas Sands (NYSE:LVS), MGM Resorts International (NYSE:MGM), and Wynn Resorts (NASDAQ: WYNN) – three of the largest operators in Macau – could contend with credit headwinds in the wake of the casino closures there, says Moody’s Investors Service.chukchansi casino security black oak casino tribe |