Typhoon Khanun, which passed south of Macau on Sunday, is likely to have dampened demand for casino gambling in the city that day.
The typhoon’s proximity led to Tropical Cyclone Warning Signal No.8 being in place from 10am until approximately 9pm that day, according to the local authorities.
The No.8 Signal is enough to trigger the cancellation of road, air and ferry transport to and from Macau. The majority of Macau’s tourism arrivals come from either mainland China or Hong Kong, according to local government data.
A Sunday press release from the Macau government said the city’s Chief Executive, Fernando Chui Sai On, had convened a meeting that day of Macau’s Civil Protection Action Centre, to be briefed on government response measures to the event.
A small amount of flooding was reported near the Inner Harbour area of the peninsula, but nothing like the scale of Typhoon Hato, the worst such weather event in 53 years, which struck the city on August 23. It caused widespread damage, led to the deaths of 10 people, and severely disrupted the city’s casino operations.
Feb 16, 2018Due to the Chinese New Year holiday, the GGRAsia team will be off between February 16 and 19. We will be back on February 20. We wish all our readers a prosperous Year of the Dog!
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”A challenge to Macau's economic model could potentially emerge over the longer term should China revise existing criminal laws that prohibit most forms of gambling in the mainland... Even in such a scenario, Fitch would expect this to occur gradually”
Fitch Ratings Inc