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Macau Shuts Most Businesses Amid COVID-19 Outbreak, Casinos Stay Open

Macau Shuts Most Businesses Amid COVID-19 Outbreak, Casinos Stay Open
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COVID-19: Stocks in Macau casinos fall as virus restrictions kick in

Macau casino stocks yesterday slumped as the Chinese gaming hub battled a COVID-19 outbreak, which has prompted tightened social distancing restrictions and mass testing. The sector has been hammered by the COVID-19 pandemic, with vital tourism revenues wiped out by some of the world’s harshest measures to tackle the virus including tough border controls, weeks-long quarantines and targeted lockdowns. Case numbers are small by global comparison, with only 34 found so far in mass testing local media said, but the outbreak sent casino stocks tumbling. Sands China Ltd (金沙中國) fell as much as 8 percent while Wynn Macau Ltd (永利澳門) dropped more

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Macau gaming slump persist as casinos burn through millions of dollars of cash

Macau’s gaming industry extended its slump last month, with revenue plunging 68 percent year-on-year as China tightened travel restrictions during a record COVID-19 outbreak, and casinos burned through millions of dollars of cash per day. Gross gaming revenue dropped to 3.34 billion patacas (US$413.6 million), the Macau Gaming Inspection and Coordination Bureau said. The results were worse than the median analyst estimate of a 64 percent year-on-year decline, and follow a 68 percent slump in April and a 56 percent drop in March. Revenue rose 25 percent from April, but was down about 87 percent from levels before the emergence of COVID-19 in

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24 million visitors to Casino Lisboa

Casino Lisboa, has received a total of 24 million visitors and presented 155 shows, of music, theatre, dance and new circus, since it opened 16 years ago.

Natalie choquetteLisbon international exhibitionCasino lisboaInternational exhibitionOceanos auditoriumPortugal casinoIsbon casinoPortugal entertainmentPortugal gambling

24 million visitors to Casino Lisboa

Casino Lisboa, has received a total of 24 million visitors and presented 155 shows, of music, theatre, dance and new circus, since it opened 16 years ago.

Natalie choquetteLisbon international exhibitionCasino lisboaInternational exhibitionOceanos auditoriumPortugal casinoIsbon casinoPortugal entertainmentPortugal gambling

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