2025.09.18
harrah s cherokee casino murphyP.That decision is prompting some research firms to trim monthly and quarterly GGR estimates for the Chinese territory.For Macau gaming equities, the timing of Bernstein’s downward revisions is inauspicious because it comes just days after J.viejas casino news todaySpeculation is running high that Chinese President Xi Jinping will be among those attending the festivities.Implementation of visa restrictions is limiting gamblers’ visits to Macau this month, and that’s crimping monthly gross gaming revenue (GGR), say some analysts.Morgan’s Greff.brian christopher slots wins free poker slots 4ublack oak casino valentine s dayThe company said preliminary Macau results for November and to this point in December are not available.Revenue among high-end gamblers visiting the Special Administrative Region (SAR) has been slack for several months, a scenario exacerbated by the visa controls because more affluent players, particularly those from mainland China, make more frequent visits to the peninsula than do their mass market counterparts.Morgan analyst Joseph Greff noted there’s value in names such as Melco Resorts (NASDAQ:MLCO) and Wynn Resorts Ltd.island view casino online1, said “we intend to meaningfully deleverage our balance sheet,” but no mention of selling the Tropicana was made.For Macau gaming equities, the timing of Bernstein’s downward revisions is inauspicious because it comes just days after J.A clampdown by China on Macau visas is hurting gaming revenue in the casino hub.online casino 3 reel slots is coushatta casino pet friendlyjamul casino tony gwynnThat’s a 16 percent tumble from the year earlier period, and a six percent decline from November, which was the worst month of the year in terms of gaming turnover in Macau.The AGA (American Gaming Association), the preeminent lobbying group working on behalf of the gaming industry, has issued new guidelines that are geared towards furttable games at firekeepers casinoher safeguarding against money laundering being facilitated inside casinos.P.That decision is prompting some research firms to trim monthly and quarterly GGR estimates for the Chinese territory.(Image: WVXU)In a report out Monday, Bernstein’s team of gaming analysts note the tighter visitation policy, revealed as part of preparations for ctable games at firekeepers casinoelebrations later this month commemorating the twentieth anniversary of the handover of Macau to China from Portugal, are hampering revenue there.Due to the limitations on visits to the peninsula, Bernstein is now forecasting a December GGR decline of 12 percent to 16 percent, far worse than its original estimate calling for a decline of eight percent to 11 percent.cashman casino free coins no survey is mountaineer casino pet friendly |