Macau's Casino Operation Continues Despite The Latest Outbreak

[Maus0728]

Closing the Macau casino entirely...

I'm confused! Casinos in Macau aren't closing. There is even a latest news regarding their casino operation and that they will open on a limited operation on July 23 (Saturday).
- https://www.straitstimes.com/asia/east-asia/macau-to-reopen-casinos-on-july-23-as-covid-19-infections-fall-source

However, I agree that completely shutting down their operation would cause a negatie outcome not only for ther their employee but to the their economy as well. But yeah, I don't think gambling operation would stop despite of the pandemic..

[mirakal]

Closing the Macau casino entirely...

I'm confused! Casinos in Macau aren't closing. There is even a latest news regarding their casino operation and that they will open on a limited operation on July 23 (Saturday).
- https://www.straitstimes.com/asia/east-asia/macau-to-reopen-casinos-on-july-23-as-covid-19-infections-fall-source

However, I agree that completely shutting down their operation would cause a negatie outcome not only for ther their employee but to the their economy as well. But yeah, I don't think gambling operation would stop despite of the pandemic..

The casinos were closed for 12 days, now they are partially re-opening after the lockdown they experienced because the government cannot afford to lose any income because their economy is partially dependent on gambling resorts and casinos as a luxury tax and gambling taxes make more than 50% of Macau's economy, as well as the people living on it, are also employed to the said establishments.

Slowly but surely they will be back into full operation, soon.

[dunfida]

Closing the Macau casino entirely...

I'm confused! Casinos in Macau aren't closing. There is even a latest news regarding their casino operation and that they will open on a limited operation on July 23 (Saturday).
- https://www.straitstimes.com/asia/east-asia/macau-to-reopen-casinos-on-july-23-as-covid-19-infections-fall-source

However, I agree that completely shutting down their operation would cause a negatie outcome not only for ther their employee but to the their economy as well. But yeah, I don't think gambling operation would stop despite of the pandemic..

The casinos were closed for 12 days, now they are partially re-opening after the lockdown they experienced because the government cannot afford to lose any income because their economy is partially dependent on gambling resorts and casinos as a luxury tax and gambling taxes make more than 50% of Macau's economy, as well as the people living on it, are also employed to the said establishments.

Slowly but surely they will be back into full operation, soon.

They would really be needing to slowly going back into normal operations because if they wont able to do so then it would really crippled out in terms of economic status and further developments.
Things should really be followed and there would be no choice or options for these businesses on forcing to open specially on  a pandemic situation or some outbreak because things would really
gotten worst if it would be out of hand which it would be understandable that they would really be making such step for them to at least lessen the casualties or people would be affected
but once they do see that the tension and situation becomes lesser towards numbers been affected then its just common sense for them to slowly coming back to normal operations
even though with some limited actions or restrictions.

[passwordnow]

The casinos were closed for 12 days, now they are partially re-opening after the lockdown they experienced because the government cannot afford to lose any income because their economy is partially dependent on gambling resorts and casinos as a luxury tax and gambling taxes make more than 50% of Macau's economy, as well as the people living on it, are also employed to the said establishments.

Slowly but surely they will be back into full operation, soon.

I guess a country like Macau or a special administrative region of China have come to realize that they cannot wholly rely now to their country's bloodline and taxes into casinos and gambling. I guess they'll have to find some other means of business in making their economy last and future proof like if another pandemic comes again, they can still keep going and money will continue to flow into their entire economy despite a pandemic comes or another global issue happens.

[rahmad2nd]

The casinos were closed for 12 days, now they are partially re-opening after the lockdown they experienced because the government cannot afford to lose any income because their economy is partially dependent on gambling resorts and casinos as a luxury tax and gambling taxes make more than 50% of Macau's economy, as well as the people living on it, are also employed to the said establishments.

Slowly but surely they will be back into full operation, soon.

Macau's government was previously hesitant to close casinos because of its mandate to protect jobs. the gambling industry employs a large proportion of the population directly and indirectly, and accounts for more than 80% of government revenue. 

The closure of the casino as a whole is only temporary for 12 days, that's right and will open on Saturday, July 23, the efforts made by the Macau government seem to be experiencing various dilemmas, the consideration of economic factors is also very crucial which will make the economic crisis worse.

some analyzes predict that a recovery in gaming revenue may not occur until the end of the third or fourth quarter. with the casino reopening july 23 i think this is good news for a gradual recovery. 
like you said, slowly but surely.

[mirakal]

The casinos were closed for 12 days, now they are partially re-opening after the lockdown they experienced because the government cannot afford to lose any income because their economy is partially dependent on gambling resorts and casinos as a luxury tax and gambling taxes make more than 50% of Macau's economy, as well as the people living on it, are also employed to the said establishments.

Slowly but surely they will be back into full operation, soon.

I guess a country like Macau or a special administrative region of China have come to realize that they cannot wholly rely now to their country's bloodline and taxes into casinos and gambling. I guess they'll have to find some other means of business in making their economy last and future proof like if another pandemic comes again, they can still keep going and money will continue to flow into their entire economy despite a pandemic comes or another global issue happens.

If only they can, they will. But they have to be smart enough about what could they produce to become another source of income for its economic growth rather than just depending most of it on casinos and resorts and I bet they had already given some thought about it.

It's just Macau is just a very small independent region of China and has its own set of rules which is different from mainland China. Actually for comparison purposes, if we think Singapore and Hong Kong are small, Macau is much smaller like 26x smaller and 39x smaller respectively.

[dezoel]

Closing the Macau casino entirely...

I'm confused! Casinos in Macau aren't closing. There is even a latest news regarding their casino operation and that they will open on a limited operation on July 23 (Saturday).
- https://www.straitstimes.com/asia/east-asia/macau-to-reopen-casinos-on-july-23-as-covid-19-infections-fall-source

However, I agree that completely shutting down their operation would cause a negatie outcome not only for ther their employee but to the their economy as well. But yeah, I don't think gambling operation would stop despite of the pandemic..

Yes you are indeed confused because he didn't mean to say they are closing but he was saying that what if they will close. Gambling plays a major role on macau and it's said that 50% of the revenue came from it. Imagine if that 50% totally disappear?

There will only be 50% left and their economy can't function properly with that. Now that covid effects are getting lesser, I guess it's now safe to re-open most of those casinos which have been closed down during the peak of the pandemic. They only want to make sure that people still wears a face mask and then do some hand sanitizations before they can enter the casino. Just to be safe.

[serjent05]

I guess a country like Macau or a special administrative region of China have come to realize that they cannot wholly rely now to their country's bloodline and taxes into casinos and gambling. I guess they'll have to find some other means of business in making their economy last and future proof like if another pandemic comes again, they can still keep going and money will continue to flow into their entire economy despite a pandemic comes or another global issue happens.

That is also in my mind.  I do think that other countries should learn from the situation of Macau.  Having only one industry to cover more than 80% of the taxes is disastrous if the time comes that this industry becomes paralyzed.  So diversifying the source of income is really a very good thing since if one sector is disabled, others will fill in the gap. I bet they have long been devising another source of government income.

[Mahanton]

I guess a country like Macau or a special administrative region of China have come to realize that they cannot wholly rely now to their country's bloodline and taxes into casinos and gambling. I guess they'll have to find some other means of business in making their economy last and future proof like if another pandemic comes again, they can still keep going and money will continue to flow into their entire economy despite a pandemic comes or another global issue happens.

That is also in my mind.  I do think that other countries should learn from the situation of Macau.  Having only one industry to cover more than 80% of the taxes is disastrous if the time comes that this industry becomes paralyzed.  So diversifying the source of income is really a very good thing since if one sector is disabled, others will fill in the gap. I bet they have long been devising another source of government income.

Economy of Macau is only depending on gambling industry? I dont think so.

Statistics

Main industries   
tourism, gambling, clothing, textiles, electronics, footwear, toys

Export goods   
clothing, textiles, footwear, toys, electronics, machinery and parts
Source: https://en.wikipedia.org/wiki/Economy_of_Macau

So i dont see for them to get fucked whenever gambling businesses and platforms would be closed down.

[Sithara007]

Yes you are indeed confused because he didn't mean to say they are closing but he was saying that what if they will close. Gambling plays a major role on macau and it's said that 50% of the revenue came from it. Imagine if that 50% totally disappear?

There will only be 50% left and their economy can't function properly with that. Now that covid effects are getting lesser, I guess it's now safe to re-open most of those casinos which have been closed down during the peak of the pandemic. They only want to make sure that people still wears a face mask and then do some hand sanitizations before they can enter the casino. Just to be safe.

You missed a very important point. 99% of the gamblers are from mainland China. So a lot depends on the restrictions that are being imposed in China, especially in the province of Guangdong. And as we know, recently some of the big Chinese cities were under complete lockdown, due to the spread of COVID. There is hardly anything the government of Macau can do about it. The non-Chinese tourists are not that big in number. So without the inflows from the mainland they may not be able to sustain themselves.

[traderethereum]

I guess a country like Macau or a special administrative region of China have come to realize that they cannot wholly rely now to their country's bloodline and taxes into casinos and gambling. I guess they'll have to find some other means of business in making their economy last and future proof like if another pandemic comes again, they can still keep going and money will continue to flow into their entire economy despite a pandemic comes or another global issue happens.

That is also in my mind.  I do think that other countries should learn from the situation of Macau.  Having only one industry to cover more than 80% of the taxes is disastrous if the time comes that this industry becomes paralyzed.  So diversifying the source of income is really a very good thing since if one sector is disabled, others will fill in the gap. I bet they have long been devising another source of government income.

China or Macau should have learned from experience during the pandemic that attacked many countries yesterday and made many countries' economies unstable.
If they still have sources of income from other businesses, maybe those countries will not be too much affected by the pandemic.
But I think other businesses will also be affected by the pandemic but at least these countries can survive well.
Diversification from other businesses is very much needed so that these countries still have reserves of sources of income that can keep the economy stable.

[Smartprofit]

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
 

I know very little about Macau... Is there a corrupt government in Macau?  Or are the state bodies of this country under the control of civil society?

In a situation where there is a high level of corruption in the country, officials consider the state budget as a source of their own income.  This is called "corruption rent". 

This may explain the fact that the Macau government does not close offline casinos in the context of the Covid-19 coronavirus pandemic.  Because, in my opinion, in the context of a pandemic, casinos are a source of danger and new risks of infection of Macau residents with the virus. 

It is very strange that the government of Macau does not take decisive action to close these casinos.

[swogerino]

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
 

I know very little about Macau... Is there a corrupt government in Macau?  Or are the state bodies of this country under the control of civil society?

In a situation where there is a high level of corruption in the country, officials consider the state budget as a source of their own income.  This is called "corruption rent". 

This may explain the fact that the Macau government does not close offline casinos in the context of the Covid-19 coronavirus pandemic.  Because, in my opinion, in the context of a pandemic, casinos are a source of danger and new risks of infection of Macau residents with the virus. 

It is very strange that the government of Macau does not take decisive action to close these casinos.

While their government may be corrupt or not I don't know this but from an economic standpoint if they close the casinos they lose a 99% of their revenue as mostly all their income comes from these offline casinos.

In Europe and here where I am we are expecting a huge new wave of Covid infections in September (funny how they,the governments tell us they are expecting a new wave) and the government here in my opinion has made the right choice to not restrict anything or anyone,life must go on pandemic or not.

We will not be bowed down by some Chinese made pandemic (conspirator theory yes but that is what I think) and I am the first in supporting such government decision.I love being free and living life to the fullest.

[Sithara007]

While their government may be corrupt or not I don't know this but from an economic standpoint if they close the casinos they lose a 99% of their revenue as mostly all their income comes from these offline casinos.

In Europe and here where I am we are expecting a huge new wave of Covid infections in September (funny how they,the governments tell us they are expecting a new wave) and the government here in my opinion has made the right choice to not restrict anything or anyone,life must go on pandemic or not.

We will not be bowed down by some Chinese made pandemic (conspirator theory yes but that is what I think) and I am the first in supporting such government decision.I love being free and living life to the fullest.

I don't think that we can rubbish these assumptions as conspiracy theories. The more deadly variations started spreading when we were thinking that the pandemic was all but over. So I am more inclined to believe that the lockdowns and other restrictive measures contributed to lowering mortality among the general population by a great amount. But then, for the elected (and unelected) governments it is always a tough choice between economic growth and taking in to account the safety of their own citizens.

[Smartprofit]

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
 

I know very little about Macau... Is there a corrupt government in Macau?  Or are the state bodies of this country under the control of civil society?

In a situation where there is a high level of corruption in the country, officials consider the state budget as a source of their own income.  This is called "corruption rent".  

This may explain the fact that the Macau government does not close offline casinos in the context of the Covid-19 coronavirus pandemic.  Because, in my opinion, in the context of a pandemic, casinos are a source of danger and new risks of infection of Macau residents with the virus.  

It is very strange that the government of Macau does not take decisive action to close these casinos.

While their government may be corrupt or not I don't know this but from an economic standpoint if they close the casinos they lose a 99% of their revenue as mostly all their income comes from these offline casinos.

In Europe and here where I am we are expecting a huge new wave of Covid infections in September (funny how they,the governments tell us they are expecting a new wave) and the government here in my opinion has made the right choice to not restrict anything or anyone,life must go on pandemic or not.

We will not be bowed down by some Chinese made pandemic (conspirator theory yes but that is what I think) and I am the first in supporting such government decision.I love being free and living life to the fullest.

The latest major mutation of the Covid-19 (Omicron) coronavirus has caused the disease to spread much faster than before, but the overall lethality of the virus has decreased.  

This led to the fact that the majority of the world's population acquired antibodies to the virus (even without taking into account vaccination measures).  

This is positive news...

The negative news is that antibodies do not provide lifelong protection against the virus (for example, I have been ill with coronavirus more than 2 times).  

In any case, if a decision is made to introduce restrictive measures, then it does not make sense to introduce them in some industries and not to introduce them in others at the same time ...

Therefore, it is difficult to understand the logic of the Macau government.

[Taskford]

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
 

I know very little about Macau... Is there a corrupt government in Macau?  Or are the state bodies of this country under the control of civil society?

In a situation where there is a high level of corruption in the country, officials consider the state budget as a source of their own income.  This is called "corruption rent".  

This may explain the fact that the Macau government does not close offline casinos in the context of the Covid-19 coronavirus pandemic.  Because, in my opinion, in the context of a pandemic, casinos are a source of danger and new risks of infection of Macau residents with the virus.  

It is very strange that the government of Macau does not take decisive action to close these casinos.

While their government may be corrupt or not I don't know this but from an economic standpoint if they close the casinos they lose a 99% of their revenue as mostly all their income comes from these offline casinos.

In Europe and here where I am we are expecting a huge new wave of Covid infections in September (funny how they,the governments tell us they are expecting a new wave) and the government here in my opinion has made the right choice to not restrict anything or anyone,life must go on pandemic or not.

We will not be bowed down by some Chinese made pandemic (conspirator theory yes but that is what I think) and I am the first in supporting such government decision.I love being free and living life to the fullest.

The latest major mutation of the Covid-19 (Omicron) coronavirus has caused the disease to spread much faster than before, but the overall lethality of the virus has decreased.  

This led to the fact that the majority of the world's population acquired antibodies to the virus (even without taking into account vaccination measures).  

This is positive news...

The negative news is that antibodies do not provide lifelong protection against the virus (for example, I have been ill with coronavirus more than 2 times).  

In any case, if a decision is made to introduce restrictive measures, then it does not make sense to introduce them in some industries and not to introduce them in others at the same time ...

Therefore, it is difficult to understand the logic of the Macau government.

We don't see any disturbing news towards covid-19 so most provably all countries know how to contain it and there are vaccine which is available which cause the decrease of spread since many people now are protected from severe complications.

But since they decide to continue this activity for sure they find the issue towards covid-19 still manageable on their country.

[AbuBhakar]

We don't see any disturbing news towards covid-19 so most provably all countries know how to contain it and there are vaccine which is available which cause the decrease of spread since many people now are protected from severe complications.

But since they decide to continue this activity for sure they find the issue towards covid-19 still manageable on their country.

They are now will reopen prior to the recent lockdown due to low gambling activity in there casino towards the covid-19 lockdown. This is always the dilemma of country that has a huge gambling economy. They are now risking the health of there citizen just to get back again the profit from there gambling business. I think this will make worst there current covid-19 situation.

[Pierre 2]

I feel like pandemic will go on like forever from now on. We can't lock ourselves at homes for years. We should encourage returning back to normal life as there are many vaccine options right now. So I think none of operations should be closed. Gambling/online casinos included. If you feel under threat personally you may keep playing at online. But people need money, need jobs. Life should go on. Profitable businesses like casinos should be open.

[swogerino]

I feel like pandemic will go on like forever from now on. We can't lock ourselves at homes for years. We should encourage returning back to normal life as there are many vaccine options right now. So I think none of operations should be closed. Gambling/online casinos included. If you feel under threat personally you may keep playing at online. But people need money, need jobs. Life should go on. Profitable businesses like casinos should be open.

Not only casinos in the specific country here in the thread which is their main income but all the economies should be open.The rate of unemployment has reached an all time high since the year 2020-to now because of the pandemic and because of many governments restricting their citizens,sure the reason is valid,we need to decrease the number of deaths as much as we can but at what cost,at the cost of letting them die slowly because of the stress that unemployment gives you,because of the fear that a pandemic is near us and many other bad consequences that happened.Where I live a lot of people took off their own life by jumping from hospital balconies because the stress was huge.Never ever again the lockdown,it destroyed everything,social life,economies and all that is left.We need a huge recovery and we need it as soon as possible.

[virasisog]

I feel like pandemic will go on like forever from now on. We can't lock ourselves at homes for years. We should encourage returning back to normal life as there are many vaccine options right now. So I think none of the operations should be closed. Gambling/online casinos included. If you feel under threat personally you may keep playing online. But people need money, need jobs. Life should go on. Profitable businesses like casinos should be open.

Though the pandemic situation is getting better, there will still be more pandemics that will exist and we have no control over them. But we have to continue living and surviving life especially now that we're experiencing the inflation crisis. Despite the risks, huge businesses need to operate including gambling casinos in Macau. Their economy is also in a recovery phase so, despite the outbreak, they have no choice but to continue their operations.