🔥 Casinos Shut by Coronavirus Get a Glimpse of the Future in Macau - WSJ

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The re-opening of Macau's casinos on 20 February saw operators granted a ​day grace period to resume operations, while the limit on gaming.


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Opening ceremony of US$ 1 billion casino in Macau

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Gaming operators from Las Vegas to Macau are reeling, and at the Commission (NGC) approved rules for re-opening the state's casinos.


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Light on debt and cash rich, Macau's Galaxy Entertainment is bleeding $3 million daily in operating cost as the coronavirus crisis.


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The re-opening of Macau's casinos on 20 February saw operators granted a ​day grace period to resume operations, while the limit on gaming.


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Inside Asian Gaming conducts spot checks at several Macau casinos and the results don't paint a bright picture.


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The re-opening of Macau's casinos on 20 February saw operators granted a ​day grace period to resume operations, while the limit on gaming.


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The re-opening of Macau's casinos on 20 February saw operators granted a ​day grace period to resume operations, while the limit on gaming.


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On 18 May , the Sands Macau casino opened near the Macau Ferry Terminal. Today, there are 16 casinos operated by the STDM.


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On 18 May , the Sands Macau casino opened near the Macau Ferry Terminal. Today, there are 16 casinos operated by the STDM.


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Macau casinos re-opening

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Macau casino operator Sands China Ltd is proposing to issue an aggregate of US$billion in senior unsecured notes to boost its liquidity, the firm said in a.


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Macau: Casinos reopen after two-week closure over coronavirus fears

Farah Master , Scott Murdoch.{/INSERTKEYS}{/PARAGRAPH} Sands Chairman Sheldon Adelson said any resumption in dividend payment would depend on income going forward. Directory of sites. To curtail the coronavirus, Macau barred all visitors from the mainland, neighbouring Hong Kong and Taiwan who had travelled overseas in the previous 14 days. While Sands China O and Wynn Macau HK have lower buffers than Galaxy, they can still go without revenues for around months, say analysts. {PARAGRAPH}{INSERTKEYS}Such a jolt could sink most companies - a risk not taken lightly by global policymakers who have delivered various measures over the past two months to help cushion corporate losses. Discover Thomson Reuters. Analysts expect to see only a gradual recovery in the second half once travel restrictions are loosened. All players can survive a minimum of half a year without having to tap debt financing, but anything longer could spell trouble. United States. Morgan in Hong Kong. Business News. The coronavirus is also expected to delay a pipeline of multi-billion-dollar projects in Macau that were due to start this year. HK cash pile is a case in point. Visitors from the greater China region make up more than 90 percent of its tourists.