Macao Streets Empty After Casinos Shut to Fight Outbreak

Submitted by Aaron Goldstein on

Written by :

Aaron Goldstein

Published on :

Macao Streets Empty After Casinos Shut to Fight Outbreak

For the first time since the start of the global pandemic in early 2020, Macau casinos have been shut down again.

nba-ads-4-600-250.gif

Streets in the Chinese territory, the world's largest gambling hub, resembled a ghost town early this week.

Macau will suspend almost all business activities for a week effective this past Monday in a bid to control a rising number of new Covid-19 infections.

Gambling firms worry the shutdowns could go beyond this week, resulting in plummeting stock prices.

Shares of MGM Resorts International, Melco Resorts & Entertainment Limited, Wynn Resorts, Limited and Las Vegas Sands Corp declined 3.2%, 9.6%, 6.51% and 6.3%, respectively on the news.

The government is requiring taxi and bus drivers to test daily.  The public is required to register for passes to ride public transportation, which is running at reduced capacity.

Terry Ng, an equity research analyst at Daiwa Capital Markets Hong Kong, spoke the BBC earlier this week.

"Because mainland Chinese tourists accounted for 71% of all tourists and more than 90% of gross gaming revenue, they have to duly follow mainland China's zero-Covid policy which is highly restrictive," he said.

Gambling is illegal in mainland China but is allowed in Macau.

- Aaron Goldstein, Gambling911.com

Related Content

These Bad Moms Banned for Life at Pennsylvania Casinos: Bad Dad Too

These Bad Moms Banned for Life at Pennsylvania Casinos: Bad Dad Too

Of the 18 banned individuals, four were accused of leaving children unattended in vehicles while they gambled inside.
Bank Buster slot pays big

Bank Buster Jackpot at Seminole Classic Casino in Hollywood, Florida Adds to Multiple Wins Since May 29

The Unity Card member wagered $40 on a 25-cent denomination to land the grand winning combination at the Seminole Classic Casino in Hollywood, Fla. The progressive has since reset to $50,000.
Atlanta Georgia Gambler Wins  $10.2M Jackpot at Westgate Las Vegas

Atlanta Georgia Gambler Wins $10.2M Jackpot at Westgate Las Vegas

Atlanta gambler was playing a mere three minutes when a $5 bet turned into $10.2 Million.
Casinos in Atlanta, Georgia 2026

Top Real Cash Slots Casinos in Atlanta, Georgia 2026 - Sloto Cash Player Pick

Georgia players from Atlanta to Savannah to Augusta to Macon now have a straightforward option for real cash slots online.