Macau – It has been announced that a Macau casino resort that remained closed beyond the planned re-opening date of Macau’s government is to re-open this week.
Sands Cotai Central, a casino resort on the Cotai Strip, Macau and one of the many casino establishments that closed its doors amid the coronavirus crisis that originated in Wuhan – the capital of Hubei province, China, has committed to resuming business operations from Thursday 27th February 2020.
The firm stated:
“Our Macau operations, including some of our hotel facilities that had been temporarily closed, are now being gradually reopened in accordance with certain limitations imposed by the Macau government to safeguard public health and in line with demand.”
Last week, the majority of gaming and hospitality establishments re-opened following a two week closure period as a preventative measure to curb the spread of coronavirus.
Sands Cotai Central, owned by Sands China, a subsidiary of Las Vegas Sands; an American casino and resort company based in Nevada, was one of the few venues to remain closed due to poor visitor numbers and lack of bookings.
The company added:
“Our group’s casino operations resumed on February 20th 2020, except for our casino operations at Sands Cotai Central, which is currently expected to resume operations on February 27th, 2020.”
Undoubtedly the near-future still remains uncertain due to the level of disruption caused by the virus and preventative measures put in place, including travel bans. The organisation’s bosses expanded:
“Given the dynamic nature of these circumstances, the related impact on our group’s consolidated results of operations, cash flows and financial condition will be material, but cannot be reasonably estimated at the time of this announcement.”