April 6, 2020

Macau Casinos Reopen Despite Second Wave of Covid Infections

Macau Casinos Reopen Despite Second Wave of Covid Infections

Just two months ago, due to the coronavirus (Covid-19) outbreak, Macau’s gambling center was shut down completely. However, things are starting to return to normal recently and the gambling hub is now breathing back to life. Unfortunately, it didn’t take too long for Covid-19 to start reappearing as well.

Casinos would still need to continue operations, despite the outbreak, as there are only very few cases reported this time around. This is not down to gamblers needing to gamble but mostly due to employees that need to work.

According to Lei Wai Nong, Macau’s new Secretary for Economy and Finance, casinos are expected to “operate 24 hours a day, 365 days a year,” and that “the decision to [suspend operations] is up to the government. As of now, we don’t have any plan to change the existing regulations…[Keeping casinos operational] is because the gaming industry is not only providing (gambling) services, but also guarantees the employment of over 58,00 employees.”

Macau’s gross gaming revenue (GRR) took a plunge in February and March, and experts predict April is going to get even worse. Experts anticipate that this month’s growth against last year during the same period will be zero. But Lei insists the town is perfect. According to him, the GRR reduction for March was well within guidelines set by city officials, adding that casinos are not allowed to obtain a piece of the MOP 10 billion ($1.25 billion) that the government gave out to help local businesses with their economic recoveries.

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