💰 Macao Casinos Face Renewed Restrictions on Mainland China Tourists | The Motley Fool

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Authorities in Macau's neighbouring mainland province, Guangdong, entry limits for visitors arriving from mainland China, Hong Kong and Taiwan. possible for keeping the casinos in Macau open right now is a social one.


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CHINA'S ONLY CASINOS. Macau has reported only 10 cases of coronavirus infection and no new cases since Feb 4. On the mainland, more.


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As officials in China and the region battle the mysterious outbreak, companies Macau's first casino, the Lisboa, has been joined by dozens more, Though no deaths have been reported there, the coronavirus is known to have killed at least people in mainland China, one in the Updated Just now.


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Now, the industry in the China enclave is facing renewed restrictions as officials imposed new limitations on tourism, this time from mainland.


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Las Vegas Sands' giant Venetian Macau casino was almost deserted on Las Vegas in gambling revenues in and now dwarfs its US rival. Official data show visitors from mainland China over the important lunar new.


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That is now in doubt. Residents who return from anywhere outside Macao must now go through a day period of quarantine upon their arrival.


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If that was an exaggeration at the time, it is less so today. The country's special administrative region of Macau, where casinos are legal, cleared.


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That is now in doubt. Residents who return from anywhere outside Macao must now go through a day period of quarantine upon their arrival.


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Las Vegas Sands' giant Venetian Macau casino was almost deserted on Las Vegas in gambling revenues in and now dwarfs its US rival. Official data show visitors from mainland China over the important lunar new.


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Authorities in Macau's neighbouring mainland province, Guangdong, entry limits for visitors arriving from mainland China, Hong Kong and Taiwan. possible for keeping the casinos in Macau open right now is a social one.


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World News. Directory of sites. Each baccarat table, which normally seats seven people and dozens of boisterous onlookers, will only be allowed four players. Farah Master , Aleksander Solum.{/INSERTKEYS}{/PARAGRAPH} The government has suspended an individual travel scheme through which visitors from the mainland gain entry and curtailed transport, including the cancellation of ferry services from neighboring Hong Kong. Patrons are not allowed to stand or congregate, according to a government notice. But the gaming regulator has imposed strict rules for casinos including temperature checks, mask protection and health declarations for staff and guests. Analysts and executives predict that even with the reopening of casinos, gaming revenue will drop at least 80 percent in February and 50 percent in March year on year with the sector likely to take weeks to get back to normal. The government this week gave the green light for casinos to reopen after a two-week suspension aimed at controlling the virus outbreak. {PARAGRAPH}{INSERTKEYS}Macau makes over 80 percent of its revenues from casinos but tourist visits have all but dried up. Nearly 30 hotels have shut down with shows, non-gaming attractions and most restaurants closed. Authorities said last week the city was receiving around 2, daily visitors, a drop of around 98 percent year on year. Only half the tables on a casino floor are permitted to be open to ensure adequate distance between people. Hotel occupancy this month is around 12 percent versus 90 percent a year ago, according to official figures. On the mainland, more than 74, people have been infected and over 2, have died. Operators including Wynn Macau HK , Sands China HK and Galaxy Entertainment HK said they will reopen in phases. They have 30 days to open fully according to a government mandate. Taxi drivers say demand for their services has dried up while hundreds of bus drivers working for local travel agencies this week petitioned the government for financial support. United States. Authorities have said entertainment venues including bars and clubs will continue to remain closed. Macau has reported only 10 cases of coronavirus infection and no new cases since Feb 4. Discover Thomson Reuters.