Good morning. Macau is finally moving away from zero-COVID, with a progressive easing of measures, changes in testing regimes and even allowing for home quarantine. Amongst an outbreak, and due to the changes, the government is estimating that 80 percent of the population will get the virus. In Australia, SkyCity Adelaide is accused of 124 cases of failure to conduct due diligence, with analysts estimating a $40.6 million fine.
What you need to know
- Macau is expecting up to 80 percent of the population to get COVID as it finally reverses its zero-COVID policy and aims to open up.
- AUSTRAC says SkyCity Adelaide had 124 cases of failure to conduct due diligence, with 59 high money laundering risk customers.
On the radar
- Macau satellite casino operators looking to sell among uncertainty.
- Osaka governor says IR Project is “perfectly viable without Chinese tourists”.
- Hard Rock to redesign The Mirage as $1.08 billion purchase pending.
AGB Intelligence
MACAU
Macau: 80% of the population expected to get COVID
Macau authorities are estimating that up to 80 percent of the population will get COVID as it finally shifts away from its zero-COVID approach, in line with mainland China’s changes to its policies. Authorities are progressively adjusting entry requirements, shifting more towards the use of RATs rather than NATs and allowing for home quarantine for infected individuals.
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