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soaring eagle casino resort mt pleasant mi 48858MGM Resorts revealed this week in its “2020 Plan” that it will trim its total workforce by roughly three percent over the next 12 months, which means around 2,100 current staffers will likely be out of a job at this time next year. The ongoing trade war between the US and China presents additional trepidations in the months ahead.JPMorgan says Sands, Wynn, and MGM – the three US gaming companies licensed in Macau – now control 60 percent of the casino market.Don’t Bet Against AnalystsMacau casinos won .54 billion last yearwild jack casino hpee, their biggest win since 2014. n.While there are concerns that Beijing’s power and influence is encroaching into Macau — which could potentially erode those freedoms — there is little evidence that Central Government has ever arrested anyone inside Macau or Hong Kong for political reasons, although pro-democracy activists have certainly been detained during trips to the mainland.Huawei CFO Arrest and Extradition The escalation of arrests of Americans and Canadians on the mainland is believed to be retaliation for the detention of Meng Wanzhou, the CFO of telecoms giant Huawei, China’s largest private company.Meng was arrested by Canadian authorities while transferring planes at Vancouver International Airport, on her way to Mexico from Hong Kong. double up casino free slotsThe glitzy five-star Macau casinos are better catering to the mass market, but JPMorgan still predicts a gaming revenue cooling in 2019. MGM Resorts revealed this week in its “2020 Plan” that it will trim its total workforce by roughly three percent over the next 12 months, which means around 2,100 current staffers will likely be out of a job at this time next year. To break through that ceiling, casinos would need to more than double top-level expectations and grow GGR by 20 percent.Should the US and China resolve its trade tensions, and Macau’s six licensed operators see their concessions renewed in the coming years, analysts believe there’s more room for higher wins in the years ahead.The budding Cotai Strip continues to expand, as does the number of tourists entering the enclave. encore casino jobs everett

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