agustina2
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June 26, 2022, 11:58:00 PM |
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Throughout the World there is more restriction over the operation of different businesses. What we see with Macau is different, because the country itself is dependent on the gambling industry. Macau should plan some alternate way to keep the country's economy stable, when there is no big profit from the gambling industry. Slowly more restrictions are getting effective all around the globe as the next wave of covid-19 is expected soon. Already it have affected China.
I'm sure there are alternatives. It's not that they are doomed because the gambling industry there will be weakened. Besides, it's not in the long term that they will experience that outbreak. It will end soon and they can return to the healthy gambling industry like before. They have lots of money saved in an emergency crisis like this. They know how to handle the situation. Macau is always ready for any economic problem it will face.
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ipanks
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June 27, 2022, 02:42:28 PM |
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snip
But if the Covid-19 wave hits again in Macau, it's not a good thing to remain dependent on the gambling industry, especially if it's related to offline casinos because it could have an impact on casino visitors. They certainly don't want to catch the virus again by playing at offline casinos so this needs attention from the government to limit offline casinos from operating. This will trigger online casinos to continue to grow because of the restrictions on the movement of people outside their homes, making them look for solutions to keep playing gambling and online casinos will be their choice again as before.
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virasisog
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June 27, 2022, 05:21:25 PM |
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Macau should plan some alternate way to keep the country's economy stable, when there is no big profit from the gambling industry.
There's no country I believed that can keep its economy stable when dealing with a big Covid outbreak. Or did I miss one that still performs well amid a massive lockdown? The government here surely, of course, has some alternatives and other options but it's just that, they are really a gambling country and they surely have lots of money on reserves even for let's say they will stop their gambling operations there for at least a year. They can surely cover what they lose. If the government is getting a huge amount of tax from a certain business, they will do everything to keep it and let it operate continuously despite the pandemic. Just like in our country, the outsourcing industry has a huge share of taxes to keep the government firm during the pandemic so it operated amidst the Covid last 2020. The government of Macau would let the operation of gambling in their country continue to support their country's needs during the outbreak and this is necessary so their economy will survive.
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AmoreJaz
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June 27, 2022, 10:09:23 PM |
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snip
But if the Covid-19 wave hits again in Macau, it's not a good thing to remain dependent on the gambling industry, especially if it's related to offline casinos because it could have an impact on casino visitors. They certainly don't want to catch the virus again by playing at offline casinos so this needs attention from the government to limit offline casinos from operating. This will trigger online casinos to continue to grow because of the restrictions on the movement of people outside their homes, making them look for solutions to keep playing gambling and online casinos will be their choice again as before. what these offline casinos can do is develop their own online casinos as counterpart. but the irony of this is " all forms of online gambling in Macau are considered outlawed" as per section 3.1 of this Gambling laws and regulations in Macau . i believe this regulation will change soon as they need to adapt the developments in gambling community. if they will be strict to this, they will find out soon that a lot of their traditional players are now into online casinos. remember, some people are not up to traveling these days.
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harizen
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June 27, 2022, 10:24:17 PM |
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what these offline casinos can do is develop their own online casinos as counterpart. but the irony of this is " all forms of online gambling in Macau are considered outlawed" as per section 3.1 of this Gambling laws and regulations in Macau . i believe this regulation will change soon as they need to adapt the developments in gambling community. if they will be strict to this, they will find out soon that a lot of their traditional players are now into online casinos. remember, some people are not up to traveling these days. I think there's no need for a shift or a big modification. Pandemic is not here forever. The gambling industry will surely rise again once they were finally able to control the situation. We are not talking about long-term dealing with the pandemic there. As far as gambling revenues are concerned, and as I mentioned, their big reserves coming from gambling can cover all health-related expenses. Macau is a pit stop for most gamblers around the world, especially in the Asian region. Gambling is already part of the culture and entertainment there. Making online casino counterparts at most will just change that status. It doesn't make sense. Again, the pandemic is not here forever.
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dunfida
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June 27, 2022, 10:46:28 PM |
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snip
But if the Covid-19 wave hits again in Macau, it's not a good thing to remain dependent on the gambling industry, especially if it's related to offline casinos because it could have an impact on casino visitors. They certainly don't want to catch the virus again by playing at offline casinos so this needs attention from the government to limit offline casinos from operating. This will trigger online casinos to continue to grow because of the restrictions on the movement of people outside their homes, making them look for solutions to keep playing gambling and online casinos will be their choice again as before. what these offline casinos can do is develop their own online casinos as counterpart. but the irony of this is " all forms of online gambling in Macau are considered outlawed" as per section 3.1 of this Gambling laws and regulations in Macau . i believe this regulation will change soon as they need to adapt the developments in gambling community. if they will be strict to this, they will find out soon that a lot of their traditional players are now into online casinos. remember, some people are not up to traveling these days. Most likely there would really be those changes if they would really see and if they would find out that their revenue is highly been affected due to people arent going into physical casinos. try to look into this article which their revenue drop as low of 40% in year 2021 https://ice365.com/news/macau-casino-revenue-ebbs-upwards-in-may/This is understandable due to pandemic situation or crisis but i wont be surprised if drops would be still happening in post-covid yet changes would really be felt specially on online casinos or gaming.
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Saisher
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June 27, 2022, 10:56:18 PM |
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what these offline casinos can do is develop their own online casinos as counterpart. but the irony of this is " all forms of online gambling in Macau are considered outlawed" as per section 3.1 of this Gambling laws and regulations in Macau . i believe this regulation will change soon as they need to adapt the developments in gambling community. if they will be strict to this, they will find out soon that a lot of their traditional players are now into online casinos. remember, some people are not up to traveling these days. I think there's no need for a shift or a big modification. Pandemic is not here forever. The gambling industry will surely rise again once they were finally able to control the situation. We are not talking about long-term dealing with the pandemic there. As far as gambling revenues are concerned, and as I mentioned, their big reserves coming from gambling can cover all health-related expenses. Macau is a pit stop for most gamblers around the world, especially in the Asian region. Gambling is already part of the culture and entertainment there. Making online casino counterparts at most will just change that status. It doesn't make sense. Again, the pandemic is not here forever. Yes, I agree Covid permanent cure will be coming but we cannot be sure that there will be no Covid like a pandemic that will not come in the future, and it is not only a pandemic there could be war and a lack of resources like oil that is now hitting all the countries economy, it's ok for them not to make a big shift but they should think of adding more industries to augment their economy not only relying on Casinos.
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agustina2
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June 27, 2022, 11:57:25 PM |
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Yes, I agree Covid permanent cure will be coming but we cannot be sure that there will be no Covid like a pandemic that will not come in the future, and it is not only a pandemic there could be war and a lack of resources like oil that is now hitting all the countries economy, it's ok for them not to make a big shift but they should think of adding more industries to augment their economy not only relying on Casinos.
That's already advanced thinking. Just go with the flow. Follow safety protocols. Follow health standards. Obey rules. Obey others. Be vigilant. Always take care of yourself. Even if there will be a pandemic in the future, at least we now experienced being on it. We are not totally noob now on what to do. Do your respective work while the world is doing its best to eliminate the health threats around the globe.
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ipanks
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June 28, 2022, 06:13:44 AM |
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snip
Maybe the gambling laws and regulations will be revised and adapted to the current state of affairs because if they keep that up, chances are they won't be able to survive if the situation continues to deteriorate. With the growing status of this virus everywhere, it should make the government care more about its people and consider their interests. And if offline casinos can cooperate with online casinos, it is hoped that it can help them survive the current situation or bad situations.
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rahmad2nd
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June 28, 2022, 10:25:10 AM |
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We all know that Macau is the world's biggest gambling capital the world and its government is relying 80% on its revenues from casino operations as the majority of its citizen are employed directly or not directly but now it is facing a dilemma there is a rapid increase of the outbreak of the disease and they have no choice but to close most shops, banks schools, and government offices but surprisingly their casino operations are still open as they need to cope with the revenues losses and keep the money flowing to keep the government funds stable. Do you think the government of Macau made the right decision or they are very desperate not to shut down the casino operations because they need their economy going. Related story and source here Macao shuts most businesses, restaurants amid mass COVID-19 testing; casinos stay open according to the link you shared the covid testing has ended tuesday, i looked for other news if the testing continues but i didn't find it. talking about the right decision or desperation I think the decision has been made by the government and involves many interested parties, especially economists. therefore I think it has gone through the correct mechanism. and i agree with other members opinion if the casino is closed completely it will destroy the economy in macau region.
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Silberman
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June 29, 2022, 04:34:18 PM |
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True, however it should be also a priority to find another way to produce income, as being so dependent on any single industry is bound to cause problems like what they are seeing over and over again, for example there were countries that were incredibly dependent on the tourism of people foreign to their county and I am sure that such an industry has not recovered either, as with the economic crisis we are going through many people do not have enough money to pay for their basic necessities let alone a vacation.
Do you really think by several decades or centuries Macau didn't work in other industries? What this place has to offer? There are even not many resources here compare to the usual country. That's the reason they focused on gambling as that's the only thing they can perform well. Why find other priorities if they already know how to deal with these pandemic problems where in the first place, it's not the first time they do this lockdown. What they just need to do is to continually follow and implement the strict policy and protocol regarding health. They can also enhance and improve their online gambling side as there are only limited numbers allowed inside the usual physical casino making for more people to stay at home. It would not be the first time that a government showed incredibly shortsightedness to a topic in particular, and there are many examples like the lack of a preparation for a pandemic that we sooner or later knew that was coming, printing so much money which causes hyperinflation and those are just two examples of a long list of failures by governments to prepare for the future, so I would not be surprised if that was the case here as well, and even if they did tried to create another industry they failed and now they are suffering the consequences of that mistake.
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LUCKMCFLY
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July 07, 2022, 04:59:34 PM |
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Yes, I agree Covid permanent cure will be coming but we cannot be sure that there will be no Covid like a pandemic that will not come in the future, and it is not only a pandemic there could be war and a lack of resources like oil that is now hitting all the countries economy, it's ok for them not to make a big shift but they should think of adding more industries to augment their economy not only relying on Casinos.
That's already advanced thinking. Just go with the flow. Follow safety protocols. Follow health standards. Obey rules. Obey others. Be vigilant. Always take care of yourself. Even if there will be a pandemic in the future, at least we now experienced being on it. We are not totally noob now on what to do. Do your respective work while the world is doing its best to eliminate the health threats around the globe. Well, I think that for now, we have to take things in a calmer way, we can't fall into stress, I think it's better to focus on attacking and staying healthy without any type of disease, covid-19 or any other type, later we will see how the other things can be treated, but if we start thinking about what is coming in the future, what we will achieve is great stress and our health is what will be affected, for now if the covid-19 continues attacking, at some point herd immunity will come, that there will be sometimes people who are affected, but it will pass, we should not get into our heads or worry more than normal,because that and we begin to think that the only way is to depend on our luck in a casino, it is not something encouraging.
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swogerino
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July 07, 2022, 05:24:29 PM |
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Yes, I agree Covid permanent cure will be coming but we cannot be sure that there will be no Covid like a pandemic that will not come in the future, and it is not only a pandemic there could be war and a lack of resources like oil that is now hitting all the countries economy, it's ok for them not to make a big shift but they should think of adding more industries to augment their economy not only relying on Casinos.
That's already advanced thinking. Just go with the flow. Follow safety protocols. Follow health standards. Obey rules. Obey others. Be vigilant. Always take care of yourself. Even if there will be a pandemic in the future, at least we now experienced being on it. We are not totally noob now on what to do. Do your respective work while the world is doing its best to eliminate the health threats around the globe. Well, I think that for now, we have to take things in a calmer way, we can't fall into stress, I think it's better to focus on attacking and staying healthy without any type of disease, covid-19 or any other type, later we will see how the other things can be treated, but if we start thinking about what is coming in the future, what we will achieve is great stress and our health is what will be affected, for now if the covid-19 continues attacking, at some point herd immunity will come, that there will be sometimes people who are affected, but it will pass, we should not get into our heads or worry more than normal,because that and we begin to think that the only way is to depend on our luck in a casino, it is not something encouraging. I think that for the moment Covid 19 as huge as an outbreak may have in a specific country it is quite weakened from the first Covid 19 version,they say during mutation the virus gets weaker and weaker with the passing of time.I think even in my country the buses are extra full although the Covid 19 outbreak is returning here also but the government has made it clear,they said: if you fear for your life then don't use public transport,nevertheless we think that we have achieved a great immunity so far as a nation because we almost let everything open except the 2-3 first months which we had lockdown. So there is nothing to worry,just follow the health protocols,wash your hands,keep a mask on and try social distancing as much as you can.Then if you fear for your life stop going to the casino is the best choice,just like the example with the bus above.
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goinmerry
Legendary
Offline
Activity: 2940
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July 07, 2022, 10:40:23 PM |
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So there is nothing to worry,just follow the health protocols,wash your hands,keep a mask on and try social distancing as much as you can.Then if you fear for your life stop going to the casino is the best choice,just like the example with the bus above.
The world is battling the virus for several years now and with those experiences, any forms of mutations of the Covid-19 virus, should not be treated as a big alarm now. If the world is still overreacting to the virus, what's the sense of the hard work and efforts that all people did during the peak of the pandemic. With proper hygiene and a healthy lifestyle, it's not that hard to battle the virus. As long as we always stay on the cleanliness side, plus we are already vaccinated with booster shots, it will lessen the effect of the virus even if it enters our body. There are lots of safety standards and health protocols that the WHO advises. Just follow it properly at our very best. Those protocols are always the standard thing to follow at any physical gambling casinos and other establishments as well.
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LUCKMCFLY
Legendary
Offline
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
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July 19, 2022, 11:37:02 PM |
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Yes, I agree Covid permanent cure will be coming but we cannot be sure that there will be no Covid like a pandemic that will not come in the future, and it is not only a pandemic there could be war and a lack of resources like oil that is now hitting all the countries economy, it's ok for them not to make a big shift but they should think of adding more industries to augment their economy not only relying on Casinos.
That's already advanced thinking. Just go with the flow. Follow safety protocols. Follow health standards. Obey rules. Obey others. Be vigilant. Always take care of yourself. Even if there will be a pandemic in the future, at least we now experienced being on it. We are not totally noob now on what to do. Do your respective work while the world is doing its best to eliminate the health threats around the globe. Well, I think that for now, we have to take things in a calmer way, we can't fall into stress, I think it's better to focus on attacking and staying healthy without any type of disease, covid-19 or any other type, later we will see how the other things can be treated, but if we start thinking about what is coming in the future, what we will achieve is great stress and our health is what will be affected, for now if the covid-19 continues attacking, at some point herd immunity will come, that there will be sometimes people who are affected, but it will pass, we should not get into our heads or worry more than normal,because that and we begin to think that the only way is to depend on our luck in a casino, it is not something encouraging. I think that for the moment Covid 19 as huge as an outbreak may have in a specific country it is quite weakened from the first Covid 19 version,they say during mutation the virus gets weaker and weaker with the passing of time.I think even in my country the buses are extra full although the Covid 19 outbreak is returning here also but the government has made it clear,they said: if you fear for your life then don't use public transport,nevertheless we think that we have achieved a great immunity so far as a nation because we almost let everything open except the 2-3 first months which we had lockdown. So there is nothing to worry,just follow the health protocols,wash your hands,keep a mask on and try social distancing as much as you can.Then if you fear for your life stop going to the casino is the best choice,just like the example with the bus above. I hope this is the case, although each virus can have up to 25 mutations or even more, depending on the case, this may not happen all at once as it is stronger, but seeing that so many vaccines come out and come out, it is like a cloth of warm water, however we can see it from this perspective or point of view, but in other regions where gaming business models are managed at a higher level, where there is more money at stake and where there are other interests, for the big sponsors if they influence this type of fundamental, and it can be very affected, in this case gambling can be seen from a more passable moment when it is in online categories, but I already hope that everything will be done so that more development can be seen in this area .
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Mahanton
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July 19, 2022, 11:59:37 PM |
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Yes, I agree Covid permanent cure will be coming but we cannot be sure that there will be no Covid like a pandemic that will not come in the future, and it is not only a pandemic there could be war and a lack of resources like oil that is now hitting all the countries economy, it's ok for them not to make a big shift but they should think of adding more industries to augment their economy not only relying on Casinos.
That's already advanced thinking. Just go with the flow. Follow safety protocols. Follow health standards. Obey rules. Obey others. Be vigilant. Always take care of yourself. Even if there will be a pandemic in the future, at least we now experienced being on it. We are not totally noob now on what to do. Do your respective work while the world is doing its best to eliminate the health threats around the globe. Well, I think that for now, we have to take things in a calmer way, we can't fall into stress, I think it's better to focus on attacking and staying healthy without any type of disease, covid-19 or any other type, later we will see how the other things can be treated, but if we start thinking about what is coming in the future, what we will achieve is great stress and our health is what will be affected, for now if the covid-19 continues attacking, at some point herd immunity will come, that there will be sometimes people who are affected, but it will pass, we should not get into our heads or worry more than normal,because that and we begin to think that the only way is to depend on our luck in a casino, it is not something encouraging. I think that for the moment Covid 19 as huge as an outbreak may have in a specific country it is quite weakened from the first Covid 19 version,they say during mutation the virus gets weaker and weaker with the passing of time.I think even in my country the buses are extra full although the Covid 19 outbreak is returning here also but the government has made it clear,they said: if you fear for your life then don't use public transport,nevertheless we think that we have achieved a great immunity so far as a nation because we almost let everything open except the 2-3 first months which we had lockdown. So there is nothing to worry,just follow the health protocols,wash your hands,keep a mask on and try social distancing as much as you can.Then if you fear for your life stop going to the casino is the best choice,just like the example with the bus above. I hope this is the case, although each virus can have up to 25 mutations or even more, depending on the case, this may not happen all at once as it is stronger, but seeing that so many vaccines come out and come out, it is like a cloth of warm water, however we can see it from this perspective or point of view, but in other regions where gaming business models are managed at a higher level, where there is more money at stake and where there are other interests, for the big sponsors if they influence this type of fundamental, and it can be very affected, in this case gambling can be seen from a more passable moment when it is in online categories, but I already hope that everything will be done so that more development can be seen in this area . Speaking with variants then lets check this out: https://www.ecdc.europa.eu/en/covid-19/variants-concernSo there are really indeed lots of probabilities on mutations that could really result whether it would be severe or not but lets hope that this wont really be as severe into those early days of covid where it did result into lots of deaths. As for topic with Macau casinos continue to operate despite of the situation then it do really shows of that it could really sustain on.
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Jating
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July 20, 2022, 09:41:46 PM |
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There has been a lot of variants, but it seems that the vaccine is effective so we try to get back to our normal lives just like any countries like in Mcau.
So for sure, the casino's there are still operating 100% despite the report of the new variants. Of course precautions is needed and we must be all aware of this safe practice by now. Even in other countries, businesses have open up in the last three months or so, everything is trying to get back at their feet.
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arwin100
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July 20, 2022, 09:57:02 PM |
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There has been a lot of variants, but it seems that the vaccine is effective so we try to get back to our normal lives just like any countries like in Mcau.
So for sure, the casino's there are still operating 100% despite the report of the new variants. Of course precautions is needed and we must be all aware of this safe practice by now. Even in other countries, businesses have open up in the last three months or so, everything is trying to get back at their feet.
For years of existence of this virus for sure many people especially establishment owners are aware and know what they need to do so that they cannot spread or contribute to another outbreak so for sure we can see them operate and government will allow them because they need to fire up their economy back again. The taxes they can get from casinos is good to have so for sure we can see them slowly getting back to its normal operation.
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Wakate
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July 21, 2022, 03:01:35 AM |
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Closing the Macau casino entirely can affect the rate of income for the government but I think they can reduce the rate of gambling there so that the spread of infection or diseases can be reduced. It is not easy for the government to close one of the main source of income without having other alternatives measures. Closing the entire casino will not stop the spread of diseases but curbing with health workers will make a big difference than blindly not allowing people to gamble.
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_act_
Legendary
Offline
Activity: 1064
Merit: 1305
Lightning network is good with small amount of BTC
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July 21, 2022, 07:28:44 AM |
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but I think they can reduce the rate of gambling there so that the spread of infection or diseases can be reduced.
I do not think Macau's government planned to reduce gambling activity in the region, they are more after money from gambling taxes than anything else, people should protects themselves, take the vaccine and follow precautions not to contract the disease. It is true that their government are making a lot of money from gambling taxes which is the reason for such bad decision from their government.
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