{"id":31823,"date":"2022-07-17T16:04:05","date_gmt":"2022-07-17T19:04:05","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=31823"},"modified":"2026-04-23T06:48:46","modified_gmt":"2026-04-23T09:48:46","slug":"macau-casinos-will-remain-closed-for-another-five-days","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-casinos-will-remain-closed-for-another-five-days","title":{"rendered":"Macau casinos will remain closed for another five days"},"content":{"rendered":"\n

Authorities have decided that casinos will remain closed until July 22.<\/p>\n\n\n\n\n\n\n\n

Macau.- The government of Macau has announced that all non-essential businesses, including casinos, will remain closed for an additional five days beyond the measure originally announced. Venues will now remain closed until Friday 22nd of July.\u00a0<\/p>\n\n\n\n

Casinos have been closed since July 11<\/a>\u00a0as a countermeasure against a new outbreak of Covid-19 cases. The latest outbrea began almost a month ago<\/a>. Other entertainment venues have been shut since June 23.\u00a0<\/p>\n\n\n\n

According to authorities, residents are not allowed to leave their houses unless for a necessary reason, such as to buy groceries.\u00a0As of Friday, the number of cases reported since the beginning of the latest outbreak stood at 1,706<\/strong>. Since June 19, the city has conducted 10 rounds of Covid-19 community nucleic acid testing.<\/p>\n\n\n\n

There are currently five casino resorts being used as quarantine accommodation<\/strong> in Macau. Studio City, run by Melco Resorts and Entertainment Ltd, and Broadway Macau, run by Galaxy Entertainment Group Ltd, were added to the list on July 14.<\/p>\n\n\n\n

Other hotels being used as quarantine accommodation include the Parisian Macao casino resort<\/a>, the Sheraton Grand Macao and the Grand Hyatt Macau. The Casa Real casino hotel on the Macau peninsula has been added to the list of Red Code lockdown areas after three Covid-19 cases were detected there.<\/p>\n\n\n\n

The Grand Lisboa Palace was on the list of Red Code lockdown areas<\/a>\u00a0after 13 new cases of Covid-19 were linked to the property. It has since been downgraded to \u201cyellow,\u201d meaning people were able to leave the building but continue to undergo regular Covid-19 tests until authorities are confident that no one has contracted a new infection.<\/p>\n\n\n\n

Macau 2023 GGR could reach 60% of pre-pandemic levels<\/h2>\n\n\n\n

As previously reported by Focus Gaming News, analysts at\u00a0Morningstar\u00a0<\/strong>have predicted that Macau\u2019s casino\u00a0gross gaming revenue\u00a0<\/strong>(GGR) will reach only 20 per cent of 2019 levels this year. They expect 2023 GGR could rebound to 60 per cent of pre-pandemic levels.\u00a0<\/p>\n\n\n\n

The US financial services firm had previously predicted that Macau\u2019s GGR for this year could reach 40 per cent of 2019 levels.<\/p>\n","protected":false},"excerpt":{"rendered":"

Authorities have decided that casinos will remain closed until July 22.<\/p>\n","protected":false},"author":176,"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":"Macau authorities have extended the closure of all non-essential businesses, including casinos, until July 22nd due to a new COVID-19 outbreak, impacting gaming operations and revenue. Several casino resorts, including properties by Melco Resorts and Galaxy Entertainment, are being utilized as quarantine facilities. Analysts have revised Macau's 2022 GGR forecast down to 20% of 2019 levels, with 2023 GGR projected to reach 60% of pre-pandemic figures.","focusai_entities":"Melco Resorts and Entertainment Ltd, Galaxy Entertainment Group Ltd, Morningstar","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Macau GGR Impact","query":"What is the projected financial impact of these extended closures on Macau's Q3 2022 Gross Gaming Revenue (GGR) and the likelihood of further downward revisions to 2023 forecasts?"},{"label":"Operator Liquidity","query":"How are major Macau concessionaires, particularly Melco and Galaxy, managing liquidity and operational burn rates given the prolonged revenue cessation and the costs associated with quarantine facility conversions?"}],"footnotes":""},"categories":[28,16338,158],"tags":[23906],"class_list":["post-31823","post","type-post","status-publish","format-standard","hentry","category-casino-news","category-east-asia-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31823","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=31823"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31823\/revisions"}],"predecessor-version":[{"id":31868,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/31823\/revisions\/31868"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=31823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=31823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=31823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}