Share of different casino
25/10/08 20:30 | USA: Share of different casino operators have reached a record high after the fall of the market
U.S. – The industry realized that the 700 billion bailout is not likely to quickly the credit markets because many banks are still having trouble getting cash and Casino Bonuses. This has led to the fact that investors have decided to withdraw from the negotiations on trade and money to go forth into the relative safety of government debt.
It is reported that Penn National Gaming shares fell 8.6%. Promotions Las Vegas Sands Corp. and Wynn Resorts Ltd. has reached a low point.
News Service reports that Macao casino revenue in September amounted to 900 million U.S. dollars, which is 3% over the same month last year.
September 2008 – the first month since July 2005, when Macao reports lower profits.
Analysts attributed the reduction of the introduction of visa restrictions, which reduced the number of visits to Macao for residents of the continent. It is expected that the drop in profit, and comes in October.
In September, mainland tourists can travel to Macau once every two months, and now every three months.
The news is not very enthusiastic on the American Stock Exchange, where shares of major companies dropped sharply Casino. Information about visa restrictions in Macau, only worsens the situation.
Promotions Las Vegas Sands Corp., the Sands Macau and Venetian Macau active, fell two days in a row, a record low of 12.83%
MGM Mirage, MGM Grand Macau lead lost 10.87%. Wynn Resorts Ltd – 4.63%