Monday, March 30, 2020

Macau casinos begin two-week closure

The city’s 41 casinos have closed down for two weeks starting Wednesday 12am, in efforts to contain the spread of the coronavirus.  The decision made...

Nomura: Wuhan coronavirus impact on gaming tied to containment efforts

Nomura Instinet issued a short note on Wednesday evening arguing that historical patterns from the 2003 SARS outbreak and 2008 bird flu scare suggest...

Wuhan coronavirus makes first appearance in Macau casino

Macau has confirmed its first case of Wuhan coronavirus-linked pneumonia, in spite of the efforts of authorities to keep the infection out of the...

Macau on alert over “pneumonia of unknown origin”

Authorities in Macau have raised the health threat alert to Level III (Serious) in the face of a “pneumonia of unknown origin” arising from Wuhan city in central China.

MGTO: HZMB reducing Macau ferry use

A study produced by the Macao Government Tourism Office (MGTO) has found that the Hong Kong-Zhuhai-Macao Bridge (HZMB) has “led to a shift in the travel pattern of visitors to Macau, including less frequent use of ferry terminals.”

Fitch downgrades Macau due to “mainland China exposure”

Fitch Ratings has revised its rating outlook for Macau from ‘Stable’ to ‘Negative’ due to the territory’s increased “mainland Chinese exposure.”

Xi reportedly wants to help Macau become a financial center

Chinese President Xi Jinping’s visit to Macau next week will, according to a Reuters report, include a call for the territory to diversify away from the gaming industry and become a new financial hub, including the creation of a yuan-denominated stock exchange.

Launch of Taipa to Cotai rail services

The much-delayed Taipa to Cotai section of the Macao Light Rapid Transit (Macao LRT) opens Tuesday, with inauguration ceremonies to be led by Chief Executive Chui Sai On.

MGTO claims strong record on implementation

The Macao Government Tourism Office (MGTO) claims that it has already implemented 81 percent of the actions and objectives outlined in the 2017 Macao Tourism Industry Development Master Plan.

Xi expected to visit Macau next month

Chinese President Xi Jinping is expected to visit Macau between December 18 and 20, his first visit in five years, despite the protests ongoing in neighboring Hong Kong.

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