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Casino
February 2, 2020
Macau’s Gross Gaming Revenue Dropped 11.3% in January, 2020
Amid rapidly falling visits to Macau, the casino sector stands to lose up to $2 billion in cash flow. Meanwhile, GGR in January has already dropped by 11.3%. Coronavirus Continues to Slow Down Casino’s Results in Macau The coronavirus outbreak in China will continue to take a toll on Macau’s gross gaming revenue (GGR), which […]
Casino
January 28, 2020
Casinos’ Stock Continues to Fall as China Battles Coronavirus
The deadly new strain of pneumonia known as coronavirus has already claimed the lives of 106 people and counting. Amid the spread of the disease, casino companies have also suffered from a historic drop in visitations to Macau and share price decline. Coronavirus’ Spreading Causes Casino Shares to Fall Again Amid China’s efforts to contain […]
Casino
January 24, 2020
Coronavirus Prompts Macau to Issue Warnings to Casino Operators
As Macau continues to monitor the coronavirus outbreak, U.S. operators who own properties in the gaming hub have said they will be willing to shut down their operations temporarily to help fight the spread of the pathogen. Operators Ready to Shut Down in Macau to Curb Threat of Coronavirus Several U.S. casino operators have confirmed […]