Macau to close casinos for two weeks
The already weakened business of casino operators face the possibility of being forced to close for a longer period of time
The casino industry in the world's biggest gambling hub, Macau, has been asked by the government of Macau to shut down temporarily as Chinese authorities try to control the chaos brought about by the deadly coronavirus. The closure sha[...] Read more » Coronavirus Shuts Down Casinos in Macau, the World's Biggest Gambling Hub
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 20405
you can imagine how this will affect on on whole china economy,when nobody want to go there,nobody want to fly there,air companies stopped to fly there,you cant get any mail from china!macau for sure will lose lot of money in next months,so we will see how this will affect on everything!
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13301
This different coronavirus that is obtained in a Wuhan lab of George Soros... ( as the newspapers speak ) can be very dangerous to humanity. Something is happening and it is a good decision for these casinos to be closed for two weeks.
Joined: Oct '13
Location: Canada
Age: 60 (F)
Posts: 324
"Analysts guesstimate that the shutdown due to the coronavirus could result to casino operators getting around half of their quarterly revenue wiped out,"
Guesstimate indeed - how can being closed for 15 days in a 91 day quarter (13 weeks) potentially wipe out 1/2 of their quarterly revenue?
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 20405
this will not be end soon and who know when will be end of this virus!when you see how many people are affected with this virus,you know that will be for long time in china and its just question how many people will get it in other countries!we can just hope that everything will finished in next few months!
Joined: Dec '14
Location: Greece
Age: 40 (M)
Posts: 2118
Very sad news this Chinese virus . People are dying , panic is spread in the world with people being scared too much (sometimes overreacting due to their fear ), businesses get affected , and so as the income of many poor peolple . Wishing the best outcome for this criis , I hope they find a way to restrain this epidemic of this deadly virus , in China and everywhere , may they find a cure for this virus in the near future .
Joined: Jul '13
Location: Israel
Age: 49 (M)
Posts: 558
I don't think that they had any other option but to shut it down. With the panic all over the world and the airports shutting down they world have just list too much money off they stayed open. The whole economy is going to slow down very aggressively for a couple of months at least
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13301
This situation should be taken very seriously, because this coronavirus is stronger than others and the Chinese government incinerates the dead persons. That is a serious thing and they is not joking with that. Here is a coincidence or a truth: virus spread exactly the day when China equaled or exceeded the US economy...
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 20405
this is big thing for every chinese no matter where he live!I see on news that in europe,in most of countries people watch different on them,even who live in that countries and have restaurants and that people maybe didnt even travel in china for two years!hope that this will stop soon!
Posted by roeish3: I don't think that they had any other option but to shut it down. With the panic all over the world and the airports shutting down they world have just list too much money off they stayed open.
The thing making this worse is that the chinese government buying and building seaports - for decades now - all around the world to push the products they make faster onto different countries - so the virus has a nice way to get to literally anywhere in the world.
Joined: Oct '11
Location: Sweden
Age: 32 (M)
Posts: 1410
Posted by crankmuppet: "Analysts guesstimate that the shutdown due to the coronavirus could result to casino operators getting around half of their quarterly revenue wiped out,"
Guesstimate indeed - how can being closed for 15 days in a 91 day quarter (13 weeks) potentially wipe out 1/2 of their quarterly revenue?
I don't hink that they guesstimate based on simply the time closed. They probably also factored in that the casino will lose a lot of customers for quite some time due to people being unwilling to travel. All in all, I don't think half of the quarterly revenue is that far fetched to be honest.
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13301
I saw a woman today who bleeding in a short movie and some people at the hospital with masks on faces. They were trying to help her. This situation is unfavorable if this coronavirus will spread, because in Europe there are already some people who are suspected of carrying this virus from Asia. They are in the hospital now.
Joined: Mar '09
Location: Greece
Age: 47 (F)
Posts: 14136
Not a surprise that this has happened. With all that spreading so far, they are trying to protect their personnel. How many companies have announced that they have shut down their businesses in china so far... And there might be more following soon.
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13301
This means that the USA is guilty of this bad thing. They want to be the number one economy in the world and for this they are in a state of everything... They might as well do business together but somenoe of them are very frustrated.
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13301
Beijing's political leaders are dealing with the issue of coronavirus... - make journalists disappear as soon as they start to become uncomfortable. Two Chinese journalists who tried to make the details of what happened at the beginning of the epidemic disappear without a trace. This is very sad.
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