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2 billion Indian-themed décor. harrah s casino jobs valley center Hard Rock Atlantic City won’t be the only new casino to open in 2018. Just north along the Boardwalk, the closed Revel has a new owner after Glenn Straub, following months of speculation, finally sold the once . 4 billion resort to Colorado-based developer Bruce Deifik for 0 million. angel of the winds casino midget wrestling Defik’s firm, Integrated Properties, plans to reopen the property as the Ocean Resort Casino this summer. Defik says the firm will look to hire between 2,500 and 3,000 workers at the property.

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Too Fast, Too Furious? Fitch Ratings analyst Colin Mansfield believes two new casinos threatens gaming revenues at the current seven gaming floors. free online poker no registration multiplayer raging bull casino match bonus “The market is in a good spot. The introduction of two new properties is not great for Atlantic City,” Mansfturtle lake casino hotel reservationsield said recently. admiral casino owner While returning thousands of jobs to Atlantic City is a welcomed development, especially considering the unemployment rate there remains almost seven percent, far higher than the national 3. 9 percent average, a substantial amount of gaming and tourism growth is required to support the expanding market. soaring eagle casino floor map

The Macau casino industry has largely depended on the citizens of China for its main revenue stream. no deposit bonus casino world But most of those visitors have also come from a select few parts of the country, or what are termed the “tier-one” cities of Shanghai and Beijing. Continued growth and development in lower-tier Chinese cities like Chongqing could fuel continued growth for Macau’s casinos. big 5 casino no deposit bonus 2020 (Image: Ming Chen)Now, as reported in GGRAsia, analysts are saying that could all change in the next few years, as more of the Asian country’s citizens outside of the largest and wealthiest cities find their way to the gambling hub for fun and entertainment. is turtle lake casino open on christmas day oxford casino login According to a research report released by Morgan Stanley, Macau’s casinos are likely to benefit from a growing number of Chinese visitors from “lower-tier” cities. seneca niagara casino games Essentially, that means all cities outside of Beijing and Shanghai. Update Cashman Casino Usco

Already Inbound PlayersThe evaluation of these smaller cities is based on a number of different factors, including infrastructure, transportation systems, and economic development, as well as their cultural and historical significance within China. gamble online for real money usa According to the information compilturtle lake casino hotel reservationsed by Morgan Stanley, lower-tier cities already send a fair number of customers to Macau, but they could make up a bigger slice of the pie going forward. “We estimate more than half of the 20 million Chinese visitor arrivals in Macau in 2016 came from lower-tier cities,” the report read. “This will be further supported by improving transportation infrastructure, increasing hotel room supply, and growing outbound tourism from China. ”The nearby Guangdong province is a major supplier of visitors to Macau, with Morgan Stanley saying the market penetration there for the casino industry stands at 11. 9 percent.

Throw in the travel directly from Shanghai and Beijing, and that accounts for about half of Chinese visitation to the territory alone. Narrowing the Gap Tier-two cities like Chongqing do produce some gamblers for Macau, but not at the rate of Shanghai and Beijing. intertops clabic casino 10 codes 2020 Brian Christopher Slots Recent Videos Lxna Australia But as these locations continue to