Ep 131: Gambling vs Stock Trading / Investing (Similarities / Differences)
For much https://healthcareinsuranceplan.info/best/best-online-poker-sites-for-canadians.html 2019, gambling revenue in Macau has been dropping.
That trend appears to be changing.
Gross gambling revenue has been increasing here for the past two months.
As a result, US casino stocks are performing better, as well.
Now is the perfect best online casino stocks think, best android slots apps site look at why this small territory is beginning to bounce back.
For months, gambling revenue here has been on a steady decline.
As a result, more Chinese gamblers are choosing to.
Despite many new investments into Macau, best online casino stocks a bridge connecting best online casino stocks to the mainland, revenue here continued to drop for the first four months of the year.
That trend is finally changing.
In May and June, gross gambling revenue here has increased.
June proved to be the most successful month of the year for casinos.
This represents a 5.
US Casino Stocks Rise Alongside Macau Some of the top operate casinos in Macau.
Fortunately for these companies, many of their stock prices are increasing.
It makes best online casino stocks, as revenue earnings in Macau add money into these companies portfolio.
Wynn Resorts is experiencing the biggest stock jump.
Las Vegas Sands saw a massive increase of 4.
Caesars Entertainment, which recently merged with Eldorado Resorts, had a stock price increase of just 1%.
Macau casino operators stock, as a whole, increased by 7.
It has to be a major relief for these companies, some of which are investing heavily into this city right now.
Major Investments Coming to Japan For months, gambling analysts begin to speculate whether or not Macau was falling to nearby countries such as the Philippines and, eventually, Japan.
The fact that revenue is increasing here once again is squashing these theories.
Macau remains the most lucrative gambling destination in the world.
To their credit, many Best online casino stocks companies are continuing to invest here.
Wynn Resorts opened a brand new casino-resort here in 2016 and continues to pour money into renovations and new venues.
Of course, Japan remains the most exciting new casino destination.
The companies that we just mentioned, along with MGM Resorts and are all working hard to break into this country.
The first Japanese casino licenses will be handed out in mid-2020.
Hopefully, gross gaming revenue will continue to increase here for the remainder of 2019.
How the Japanese casino market will affect this city is not yet known.
Will casinos here continue to see revenue increases?
How will competition from other countries begin to affect Macau?
Stay tuned for updates in the near future!
More entertainment options are available in this city than anywhere else in….
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