From today, Macau is in its first lockdown since the beginning of the pandemic to stop the worst wave of the spread of the coronavirus to date, France reported, citing Daric.
The measure was introduced for a week by authorities in the Chinese special administrative region after more than 1,500 cases of the coronavirus were detected in the past three weeks despite widespread testing.
Casinos in Macau are closed. As a result, the shares of the six leading groups in the gambling sector lost between 6 and 9 percent of their value in early trading today.
The lockdown ends the agreement between local governments and casinos. It stipulated that only those casinos where cases of COVID-19 were detected would be closed.
Macau is the only Chinese city where casinos are allowed to operate. However, the pandemic has hit the region hard, which has adopted a “zero COVID” strategy similar to that implemented by Beijing