All six gaming operators in Macau have lost share price value as the Coronavirus outbreak continues to impact the city.<\/p>\n\n\n\n\n\n\n\n
Macau.- All of Macau’s six gaming operators have now confirmed a significant share price decline over the past eight days as the impact of Coronavirus continues to be felt. <\/p>\n\n\n\n
The decline is bad news for the sector which usually enjoys a strong trading period around Chinese New Year. <\/p>\n\n\n\n
According to stock information collected by Macau News Agency (MNA) from the closing of the Hong Kong Stock Market at 4pm of January 21 to 4pm on January 29 share price changes were as follows:<\/p>\n\n\n\n
Galaxy Entertainment Group stocks dropped 6.3 per cent to HK$53.15 (\u20ac6.20) <\/p>\n\n\n\n
Sands China stocks dropped 3.9 per cent to HK$39.00 (\u20ac4.55)<\/p>\n\n\n\n
MGM China stocks dropped 10.3 per cent to HK$11.60 (\u20ac1.28)<\/p>\n\n\n\n
SJM Holdings stocks dropped 5.9 per cent to HK$8.85 (\u20ac1.03)<\/p>\n\n\n\n
Wynn Macau stocks dropped 7.4 per cent to HK$17.26 (\u20ac2.01)<\/p>\n\n\n\n
Gaming operator Melco Resorts, listed in NASDAQ, saw its stock price drop 10.7 per cent in the same period to US$20.18.<\/p>\n\n\n\n
The number of visitors that traveled to Macau in the first five days of the Chinese New Year holiday period \u2013 from January 24 to January 28 \u2013 dropped 73.6 per cent year-on-year to 221,620\u00a0people.<\/p>\n","protected":false},"excerpt":{"rendered":"
All six gaming operators in Macau have lost share price value as the Coronavirus outbreak continues to impact the city.<\/p>\n","protected":false},"author":2,"featured_media":2912,"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's six gaming operators experienced significant share price declines, ranging from 3.9% to 10.7%, due to the ongoing Coronavirus outbreak. This downturn occurred during the typically robust Chinese New Year period, with visitor numbers plummeting 73.6% year-on-year, signaling substantial GGR impact.","focusai_entities":"Galaxy Entertainment Group, Sands China, MGM China, SJM Holdings, Wynn Macau, Melco Resorts, Macau News Agency (MNA)","focusai_location":"Macau, Hong Kong, China","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), marketing_crm (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Projected GGR Impact?","query":"What are the projected GGR impacts for Macau operators if visitor restrictions persist beyond Q1?"},{"label":"Operator Budget Adjustments?","query":"How are Macau's gaming operators adjusting their capital expenditure and operational budgets in response to this unprecedented market contraction?"}],"footnotes":""},"categories":[160,16338,163],"tags":[512,257],"class_list":["post-2908","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-east-asia-news","category-finance-news","tag-gaming","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2908","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=2908"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2908\/revisions"}],"predecessor-version":[{"id":2921,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/2908\/revisions\/2921"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/2912"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=2908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=2908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=2908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}