πŸ”₯ Out of Luck: Coronavirus Shuts Casinos in the World’s Biggest Gambling Hub - WSJ

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A casino is a facility for certain types of gambling. Casinos are often built near or combined with According to Bloomberg, accumulated revenue of the biggest casino operator companies worldwide amounted to almost US$55 billion in ​.


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The world's biggest gambling hub has barred entry to most travellers and An official at South Korea's largest casino operator by revenue.


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It fell 88 per cent in February when authorities suspended casino operation for two weeks.

The world's biggest gambling hub has barred entry to most travellers and hotels are being used to isolate new arrivals in largest revenue casino they have been infected by coronavirus.

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Following that incident, Macau's gaming regulator sent notices to all casinos warning them to maintain employment of their local staff, it said in an email to Reuters.

The former Portuguese colony, now a special administrative region of China, gets more than 80 per cent of tax revenues from the gaming industry, which employs about three quarters of the territory'spopulation, either directly or indirectly.

Read the latest on the Covid situation in Singapore and beyond on our dedicated site here. In South Korea, shuttered casinos have put thousands of employees largest revenue casino temporary leave, while Australia's Star Entertainment Group said largest revenue casino was laying off 90 per cent of its 9, or so employees.

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Macau's gaming revenue fell 80 per cent in March from the year before, according to government figures. Branded Content.

Macau's government has forced operators to safeguard the livelihoods of gaming workers, ordering one company last month to rehire over staff it had laid off due to the drop in business caused by the coronavirus. Get The Straits Times app and receive breaking news alerts and more. In Las Vegas, the casinos have been forced to close in order to prevent the spread of the disease. Analysts expect April's numbers to show an even sharper drop. South Korea has reported 9, coronavirus cases and deaths, while Australia has reported 4, cases and 21 deaths. Macau's government said last week it was "ready for the worst" and pledged to support small businesses and workers financially. The global business of gambling - which thrives on air travel and large groups of people in close proximity - is one of the hardest hit as the world goes into lockdown. An official at South Korea's largest casino operator by revenue, Kangwon Land, said nearly 80 per cent of its employees had been put on temporary leave. Related Stories:. It is effectively leaving casino operators - which have reaped huge profits over the past two decades of rapid growth - to deal with the dip in business themselves. In Australia, Star chairman John O'Neill said: "This is a unique environment and one beyond our control in which we're determined to balance the necessary measures needed to protect the business while considering the considerable human impact to our workforce. Until we resolve the issues, subscribers need not log in to access ST Digital articles. But a log-in is still required for our PDFs. They don't separate the security, the visiting medical staff and us, what's the point of being quarantined?