Macau – The Asian festive holiday period of Chinese Lunar New Year is one of the busiest periods on the calendar for casino establishments in Macau.
However, as the government confirms its 6th case of the deadly coronavirus, casinos have taken a massive hit as tourism and visitors numbers have declined by as much as 80% in some areas.
Compared with figures from last year, the number of people visiting Macau from the China mainland, which make up a large proportion of casino goers, has dropped significantly.
It is estimated that the statistics in the early days of the Lunar New Year celebrations were down by over sixty percent overall in Macau.
Macau’s economy is heavily reliant on gambling revenue and casinos in the region are worried as figures show no sign of improvement.
The largest and usually busiest casino establishments in the SAR include City of Dreams Macau, The Sands Macau, Wynn Macau and Grand Lisboa Macau. Overall there are around 40 different casinos and integrated resorts.
China has restricted many transport routes and regions amid the crisis surrounding the virus, which is said to still be spreading despite lockdowns of major towns were the disease originated.
However, despite the worrying decline in tourism and revenue at one of the typical busiest times of the year, the special administrative region has said it will continue to deny entry to visitors from China unless they can provide evidence that they are not infected with coronavirus.
The ban will also extend to any resident or tourist that has visited the Hubei province within the last 2 weeks.