GGRAsia – Coronavirus Crisis

S. Korea Kangwon Land closed until Wed, to lose US$9mln

Feb 24, 2020 Newsdesk Coronavirus Crisis, Latest News, Rest of Asia, Top of the deck

Kangwon Land, the only casino resort in South Korea where the country’s nationals are allowed to gamble, has temporarily closed doors until 6am Wednesday (February 26). The announcement was made...

Macau to be very quiet for quite a long time: Lawrence Ho

Feb 21, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

Macau’s gaming industry is likely to take “quite a long time” to recover from the sharp contraction it is facing related to the novel coronavirus Covid-19 health crisis. So said...

SJM CEO seeks govt breaks for Macau ops amid virus woes

Feb 20, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

The chief executive of Macau casino operator SJM Holdings Ltd says the firm has asked the Macau government to consider giving the local industry some financial breaks amid uncertainties over...

Macau ops to offer fewer than 30pct of tables at restart

Feb 19, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

The Macau casino regulator said on Wednesday that only 29 of the 39 active casinos in the city would reopen after the stroke of midnight on Thursday. The other 10 active casinos have requested more...

Macau ops flag phased casino reopenings from Thurs

Feb 18, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

Macau casinos are preparing to reopen on Thursday in a phased manner and gradually resume normal operations as demand picks up, say most of the city’s gaming operators. Macau gaming operator...

Casinos open but Macau Feb GGR to fall 80pct: brokerage

Feb 18, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

February casino gross gaming revenue (GGR) in Macau is likely to decline by more than 80 percent in year-on-year terms. That is despite a decision by the Macau government not to extend the current...

Macau casinos can reopen from Thursday: govt

Feb 17, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

The Macau government has decided not to extend the current closure of the city’s casino industry. So said Lei Wai Nong, the city’s Secretary for Economy and Finance, during a Monday government...

MGM Macau hotel operations suspended temporarily: govt

Feb 14, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

The hotel at the MGM Macau casino complex (pictured in a file photo) is to have operations suspended with effect from Friday (February 14), a Macau government official said in a press briefing that...

Quarantine cabin fever to aid Macau rebound: Jefferies

Feb 14, 2020 Newsdesk Coronavirus Crisis, Latest News, Macau, Top of the deck

“Cabin fever” linked to China-wide calls for citizens either to stay indoors or work from home during the coronavirus episode could lead to Chinese consumer demand for trips to Macau to rebound...

Macau govt virus control work gets some positive reviews

Feb 14, 2020 Newsdesk Coronavirus Crisis, Features, Latest News, Macau, Top of the deck

A straw poll by GGRAsia on the Macau government’s efforts at controlling the coronavirus infection – including a 15-day shutdown of the city’s casinos – has produced some...