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santa ana casino albuquerque(Image: Samsul Said/Reuters)Analysts Vitaly Umansky, Zhen Gong, and Cathy Huang point to the complexities surrounding Wynn Resort’s two integrated casino resorts in Macau as to reason why there might be very few companies financially able to acquire the company that today has a market cap around billion.According to the Bernstein research, which GGRAsia first reported, the three analysts said any takeover or substantial buyout would need to be approved by the Macau government and Chinese regulators. As operator of the only casino in Virginia, it would have the potential to shift the balance in the Mid-Atlantic casino market and would compete directly with the new .4 billion MGM National Harbor in Maryland, just outside Washington.Expect Hostilities It’s no coincidence that MGM was one of several groups that opposed the Pamunkeys’ 33-year-long quest for federal recogn30 free casino slot games cqcrition.But having received that status, Gray wants to create a win-win situation for the tribe and for Virginia.“The Pamunkey believe that this resort will help ensure the long-term success of the tribe and be a tremendous economic driver for the commonwealth,” Gray said.“Federal recognition and the opportunities that it brings will mean greater job opportunities, more educational opportunities and the ability to provide better access to housing for our aging tribe members. Bernstein Global Gaming Research, who concluded that Wynn’s Macau operations might leave few potential suitors.Genting Group hasn’t stated publicly whether it is considering making a push to acquire Wynn Resorts. buffalo gold slots online real moneyThat could lead to several previously thought suitors being pushed aside, and30 free casino slot games cqcr ultimately why an acquisition is “likely not in the cards, at least for now.”Along with its two Las Vegas Strip properties, Wynn Resorts owns casinos in Macau. arred from establishing gaming operations.That means, if anyone is to break with Virginia’s longstanding ban on casinos, it’s the descendants of Pocahontas.Mid-Atlantic Market Shake-Up The proposal is in its embryonic stages – the tribal council is currently looking for land while talking to potential financers. The Resorts World parent company is already developing a multibillion-dollar resort along the Strip, and its project site is directly across from Wynn Palace and Wynn Las Vegas.Unlike Macau’s six current casino licensees, Genting Group would presumably also be willing to pay the premium price needed to entice Wynn Resorts to sell its Macau venues and accompanied operating permit.Genting Group already has casinos in Malaysia, UK, Singapore, Philippines, and US.Monopoly Concerns Strengthen Genting OddsBillionaire Stanley Ho’s monopoly on Macau gambling terminated when the 30 free casino slot games cqcrenclave was returned to Chinese control in 2002. live blackjack online uk
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