{"id":28112,"date":"2022-03-16T06:45:25","date_gmt":"2022-03-16T09:45:25","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=28112"},"modified":"2026-04-23T10:30:12","modified_gmt":"2026-04-23T13:30:12","slug":"macau-casino-stocks-fall-further-as-china-intensifies-covid-19-measures","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-casino-stocks-fall-further-as-china-intensifies-covid-19-measures","title":{"rendered":"Macau casino stocks fall further as China intensifies Covid-19 measures"},"content":{"rendered":"\n<p>Macau casino stock prices declined again as mainland China extended its countermeasures against a rise in Covid-19 cases.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The Bloomberg index\u00a0that tracks gaming operators&#8217; stocks fell by almost 10 per cent as mainland China expanded\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/casino-stocks-fall-as-macau-toughens-covid-19-measures-for-guangdong-and-other-areas\" target=\"_blank\">measures to contain a rise in Covid-19 cases<\/a>. Wynn Macau&#8217;s shares fell 15 per cent, Sands China&#8217;s 13 per cent and Galaxy Entertainment and SJM Holdings by about 12 per cent.<\/p>\n\n\n\n<p>The drop in casino operators&#8217; share prices comes after China imposed a week-long lockdown in of Macau&#8217;s two neighbouring provinces, Shenzhen and Dongguan, preventing travel from those areas, due to a sharp rise in Covid-19 cases. Countermeasures have been reintroduced for inbound travellers entering Macau from Guangdong.<\/p>\n\n\n\n<p>The number of new cases increased from about 1,500 on Sunday to more than 3,600 on Monday.<\/p>\n\n\n\n<p><strong>Sanford C. Bernstein Ltd<\/strong>\u00a0has reported that Macau\u2019s gross gaming revenue (GGR) for the\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-down-37-in-second-week-of-march\" target=\"_blank\">second week of March<\/a>\u00a0was down 37 per cent with the average daily rate declining to MOP114m (US$14.1m).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau casino stock prices declined again as mainland China extended its countermeasures against a rise in Covid-19 cases.<\/p>\n","protected":false},"author":176,"featured_media":18146,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau casino stock prices experienced a significant decline following mainland China's extension of COVID-19 countermeasures, including lockdowns in neighboring provinces and travel restrictions. This regulatory response to rising case numbers has directly impacted gaming operators, with the Bloomberg index tracking these stocks falling by nearly 10% and individual operators seeing drops of 12-15%. Consequently, Macau's Gross Gaming Revenue (GGR) for the second week of March was reported down 37%, reflecting a substantial operational and financial impact.","focusai_entities":"Wynn Macau, Sands China, Galaxy Entertainment, SJM Holdings, Sanford C. Bernstein Ltd, Bloomberg","focusai_location":"Macau, China, Shenzhen, Dongguan, Guangdong","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"GGR Trajectory Impact","query":"What is the projected GGR trajectory for Macau's gaming concessionaires, factoring in the duration and geographic scope of mainland China's evolving COVID-19 containment policies and their influence on inbound visitation?"},{"label":"Operator Balance Sheet","query":"How will the sustained GGR contraction and associated operational deleveraging impact the balance sheet strength and capital allocation strategies of Macau's integrated resort operators?"}],"footnotes":""},"categories":[157,16338],"tags":[23906],"class_list":["post-28112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28112","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=28112"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28112\/revisions"}],"predecessor-version":[{"id":28121,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28112\/revisions\/28121"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18146"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=28112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=28112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=28112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}