{"id":2870,"date":"2020-01-28T13:11:01","date_gmt":"2020-01-28T13:11:01","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=2870"},"modified":"2026-04-24T08:27:57","modified_gmt":"2026-04-24T11:27:57","slug":"coronavirus-casino-stock","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/coronavirus-casino-stock","title":{"rendered":"Coronavirus leads to drop in Macau casino stock value"},"content":{"rendered":"\n

Sands, Wynn and MGM have seen their stock price drop as the virus outbreak continues to impact Macau visitor numbers .<\/p>\n\n\n\n\n\n\n\n

Macau.- The Coronavirus outbreak<\/a><\/em><\/strong> has been attributed to a drop in the share price of major Macau casino operators as visitor numbers continue to fall year-on-year during Golden Week.<\/p>\n\n\n\n

Sands, Wynn and MGM have seen a fall in share price after visits in the first few days of Golden Week fell more than 60% year-on-year.<\/p>\n\n\n\n

According to Gambling News, Las Vegas Sands Corp. saw its stock value fall 6.6% while Wynn Resorts reported a 8.06% dip.<\/p>\n\n\n\n

MGM Resorts<\/em><\/strong> saw a slight decrease but its wider business is better protected from the virus impacting Macau due to its significant operations in the USA. <\/p>\n\n\n\n

In comparison, both Sands and Wynn draw 60% of their revenues from Macau<\/a><\/em><\/strong>.<\/p>\n\n\n\n

Before the pneumonia outbreak, Macau\u2019s local tourism authority had forecast a\u201c3 percent\u201d year-on-year decline<\/a><\/em><\/strong> in visitor arrivals for the full calendar year 2020 but that looks set to be much worse.
<\/p>\n","protected":false},"excerpt":{"rendered":"

Sands, Wynn and MGM have seen their stock price drop as the virus outbreak continues to impact Macau visitor numbers .<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Coronavirus outbreak has significantly impacted major Macau casino operators, leading to a substantial decline in their stock valuations. Companies including Las Vegas Sands Corp., Wynn Resorts, and MGM Resorts International have experienced share price depreciation due to a year-on-year fall exceeding 60% in Macau visitor numbers during Golden Week, with Sands and Wynn particularly exposed given their high revenue reliance on the region.","focusai_entities":"Sands, Wynn, MGM, Las Vegas Sands Corp., Wynn Resorts, MGM Resorts, Gambling News","focusai_location":"Macau, USA","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.95), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Macau GGR Outlook?","query":"What are the revised Gross Gaming Revenue (GGR) forecasts for Macau in 2020, and how might a prolonged downturn impact the capital expenditure and dividend policies of the major concessionaires?"},{"label":"Portfolio Diversification?","query":"How are operators with significant Macau exposure, such as Las Vegas Sands Corp. and Wynn Resorts, accelerating their portfolio diversification strategies into other regulated markets or non-gaming verticals to mitigate regional market volatility?"}],"footnotes":""},"categories":[160,28,16338,158],"tags":[29,7299,257,5335],"class_list":["post-2870","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-east-asia-news","category-slider-home","tag-casino","tag-coronavirus","tag-macau","tag-pneumonia"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2870","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=2870"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2870\/revisions"}],"predecessor-version":[{"id":777010400,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2870\/revisions\/777010400"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=2870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=2870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=2870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}