borgata casino barsBut Morgan Stanley sees a big rebound in 2021.“This is an Apollo 13 environment.Earlier this month, the government projected a 50 percent drop in 2020 GGR because of the COVID-19 outbreak.super free slot games reviewHowever, Beijing’s freeze on the individual visit scheme (IVS) remains in place, hampering Macau’s ability to lure gamblers from mainland China, the SAR’s most important market.Morgan Stanley expects the peninsula’s GGR will surge 40 percent next year, up from a prior forecast calling for a 20 percent rebound.This drives down our 2020 and 2021 earnings before interest, taxes, depreciation and amortization (EBITDA) estimates by -37 percent and -18 percent, respectively, due to fixed costs and negative operating leverage,” said the bank.foxwoods resort casino 301

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