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The Macau Health Bureau has further tightened border controls with Hong Kong in light of the spread of Covid-19 in that territory. The main new...
Macau’s gross gambling revenue plunged 97 percent in June, its worst monthly performance since the Covid-19 crisis began.
Macau has reported an imported case of Covid-19, its first case since April 8th.
The impact of the coronavirus on the industry in Asia has been unprecedented and the pace of reopenings and return of demand remains “vague and uncertain to say the least,” Union Gaming wrote in a note.
Macau’s six operators have enough liquidity for the next six months before they are likely to need to draw on debt financing, Bernstein Research reported.
Macau visitor arrivals tumbled almost 96 percent in February due to travel restrictions imposed because of the coronavirus, however, the average length of stay improved.