Macau comes back to daily life. At this stage, Macau casinos continue to return to their usual rhythms of existence and ordinary life, opening their doors to visitors. Meanwhile, the average annual indicators have already had a serious impact and it is not currently possible to fix this.
DICJ, the Macau Gambling Control Bureau, reports that in the very near future over 5,000 gaming tables will return to work – namely 80% of the total. After quarantine measures, less than half of the total number of gambling establishments worked in the Macau market. Despite such good news, casinos continue to introduce restrictions and prevention of coronavirus disease. According to analysts, revenue for March will fall by 80%. So, according to the results of February, the profit of gambling houses in Macau decreased by 88% year on year – this is the largest drop in the history of the market.
According to representatives of the Macau Executive Council, this year the government’s gambling sector profit will reach $ 16 billion – this is hardly half of the budgeted money. According to analysts, the annual deficit will reach 39 billion Patac.
It is also known that this situation may worsen because the epidemic has not been completely stopped, and the borders are still closed for foreign nationals. At this stage, excluding 2 casinos, all objects continue to work.
