Morgan Stanley said it now expects Macau's 2020 gross gambling revenue (GGR) to fall 60 percent, compared with its earlier forecast for a 55 percent decline, though has raised its forecasts for recovery for the next two years.
The role of casino employees, who play a central tenet in ensuring guest satisfaction, has had to pivot due to Covid-19 from that of being the perfect host to enforcing strict health and safety guidelines.
Covid-19 has forced a fundamental rethink of the food and beverage (F&B) industry in order to survive, with one of the most popular features of dining in Asia -- the buffet -- potentially becoming a sacrificial lamb.
Chairman of the Commonwealth Casino Commission Edward DeLeon Guerrero has issued a public statement expressing disappointment in Saipan casino operator Imperial Pacific International.
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