• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Macau casinos allowed to reopen after Typhoon Mangkhut

Sep 17, 2018 Newsdesk Latest News, Macau, Top of the deck  


Macau casinos allowed to reopen after Typhoon Mangkhut

Macau’s casinos were allowed to resume operations today (Monday) at 8am, the government said, after Typhoon Mangkhut – a category 10 storm – struck the city over the weekend. Casino operations were paused at 11pm on Saturday, according to a government release that day.

It was understood to be the first time in the modern era of public gaming concessions that the city’s casinos had been told by the local authorities to close for a time. The government said the city-wide suspension of gaming operations was for the safety of casino employees, visitors, and the city’s residents.

Typhoon Mangkhut was one of the fiercest recorded storms ever to hit Macau. It passed over the city with wind speeds of about 160 kilometres per hour (99.4 mph), causing serious flooding in the city and widespread damage to infrastructure. Floodwater levels reached up to 1.9 metres (6.2 feet) above road level on Sunday in some of the city’s districts. The typhoon category was lowered to Signal No. 3 today at 4am.

Last year during the category 10 Typhoon Hato, the Macau casino industry’s pause was by default – on a venue-by-venue basis – across the local industry, depending on the level of damage each venue experienced, and its respective access to off-grid sources of power and water.

During Typhoon Mangkhut, the city’s border crossings to and from mainland China were closed at 1am on Sunday. Ferry services to and from Macau had been suspended at 10pm on Saturday.

The government’s decision to pull the plug on the city’s casino operations would likely impact this month’s casino gross gaming revenue (GGR), according to investment analysts covering the Macau gaming industry.

Brokerage Union Gaming Securities Asia Ltd said in a note on Sunday evening that the exceptional closure of all Macau casinos – which “happened on an all-important weekend day” – probably shaved at least 500 basis points off the annual growth rate of September’s casino GGR.

Union Gaming said it was lowering its September GGR growth forecast to somewhere in the range of 7.7 percent to 9.3 percent, from 14.7 percent previously.

Deutsche Bank Securities Inc shaved 11 percentage points off its September GGR growth estimate in a Sunday note, bringing it down to 3 percent year-on-year from 14 percent.


  • tweet
Related articles
  • Macau 2023 GGR at 45pct of pre-Covid level: Moody’s
    Macau 2023 GGR at 45pct of pre-Covid...

    Mar 31, 2023  

  • Ponte 16 narrows 2022 EBITDA loss, revenue down 24pct
    Ponte 16 narrows 2022 EBITDA loss,...

    Mar 30, 2023  

More news
  • Macau March GGR up 247pct y-o-y, to US$1.6bln: govt
    Macau March GGR up 247pct y-o-y, to...

    Apr 01, 2023  

  • Some Macau hotels say no rooms vacant 3 days of Easter
    Some Macau hotels say no rooms vacant 3...

    Mar 31, 2023  


Latest News

Macau March GGR up 247pct y-o-y, to US$1.6bln: govt

Macau March GGR up 247pct y-o-y, to US$1.6bln: govt

Apr 01, 2023  

Macau’s casino gross gaming revenue (GGR) was up 246.9 percent year-on-year in March, to just under MOP12.74 billion (US$1.58 billion). The March tally was up 23.4 percent month-on-month,...
Read More
Some Macau hotels say no rooms vacant 3 days of Easter

Some Macau hotels say no rooms vacant 3 days of Easter

Mar 31, 2023  

Macau 2023 GGR at 45pct of pre-Covid level: Moody’s

Macau 2023 GGR at 45pct of pre-Covid level: Moody’s

Mar 31, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”Efforts have pivoted to the construction of the hotel tower, with plans to launch a soft opening before the end of 2024 and a grand opening in 2025”

Casino investor LET Group

On the development of a casino hotel in Manila, the Philippine capital



Most Popular

  • Some Macau hotels say no rooms vacant 3 days of EasterSome Macau hotels say no rooms vacant 3 days of Easter March 31, 2023
  • Japan govt delays IR decision due to local elections: reportJapan govt delays IR decision due to local elections: report March 30, 2023
  • Sands China ups ties to China showbiz giant Star CMSands China ups ties to China showbiz giant Star CM March 29, 2023
  • Macau 2023 GGR at 45pct of pre-Covid level: Moody’sMacau 2023 GGR at 45pct of pre-Covid level: Moody’s March 31, 2023
  • Macau got 16k mainland package tourists in Feb reopeningMacau got 16k mainland package tourists in Feb reopening March 29, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us