Saturday, March 25, 2023

Tag: trade

Temporary respite in trade tensions improves concession renewal prospects for US operators

Macau, trade, gambling, US, operators
In light of the possibility of a reduction in the ongoing trade tensions between the US and China, analysts suggest that the odds of concession renewals for the autonomous territory's three US-based operators have improved. Analysts suggest that the prospect of a reduction in trade tensions between the US and China will ease market concerns surrounding Macau concession renewals for...

Still too early to call if trade war will impact Las Vegas resorts

Las Vegas
While commentators suggest that Las Vegas baccarat revenues may decline if China decides to introduce tourism restrictions to the US, it’s unlikely to be a game changer for the City of Lights’ casino operators. Given that China was previously in line to become the third largest overseas visitor market for the US by 2020, will Las Vegas casino operators see...