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boomtown casino video(Image: CNBC)Through the first half of March, concessionaires in the world’s largest gaming center likely generated a combined 6.(Image: CNBC)Through the first half of March, concessionaires in the world’s largest gaming center likely generated a combined 6.JPMorgan’s estimate jibes with one released earlier this month by brokerage house Bernstein, which said Macau’s GGR likely slid almost 80 percent year-over-year through the first eight days of March.table games in casino“VIP seems to be faring better (down 70 percent to 75 percent year-on-year) than mass (down 80 percent to 85 percent), which is also within expectations and not very telling,” according to JPMorgan.Some analysts expect GGR there is tracking as much as 80 percent off year-earlier levels.“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.resorts casino queens new york

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