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Formerly Jaya, Now Like a Dead City

Jakarta

The triumph of casinos in Macau, China is now just a memory. If previously it was one of the largest legal gambling sites in the world, now activities there have stopped. Even like a dead city.

Quoting from Bloomberg, Thursday (21/7/2022) the gambling city of Macau has become quiet because the Chinese government has recently been suppressing cases of COVID-19 by locking or locking in a number of areas. China’s policy is targeting zero cases of COVID-19.

As a result of the policy, gambling slot machines in Macau were silent and the floors in the casino building had to be vacated because the area had to be locked down. Macau’s casino gambling venues are mostly empty except for a handful of well-dressed bookmakers.

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At one prominent venue, only a few tables about 10% of the total were in operation, with staff calling it a good day they served 50 customers.

The lockdown imposed by the Chinese government caused a number of casino owners to suffer heavy losses, six licensed casino operators in Macau suffered losses of up to US$ 478 million or equivalent to Rp. 7.7 trillion (exchange rate of Rp. 15,000/US$).

The absence of activity in Macau is also said to reduce state revenues. Whereas previously, Macau accounted for 80% of government revenue and a third of employment, most of which were also contributed by Chinese visitors.

Since March, China has locked down major cities and tightened visa restrictions for outbound travel to contain the COVID-19 pandemic. To make matters worse, Macau, the only place in China where casino gambling is legal, faced an increase in cases and eventually had to tighten quarantine rules to prevent the spread.

Watch Videos”To Fight Covid-19, Macau Closes All Gambling Places
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