Chinese Coronavirus Adversely Effects Gambling Industry In Makau

During the past week, the whole world has been actively discussing the epidemic of the rare virus that causes pneumonia which erupted in China. According to experts, the unknown Chinese coronavirus has already led to the death of 41 people, and the number of patients has reached the amount of 1,200 people.

The Chinese authorities have already isolated 13 cities and are planning to enter quarantine for another 10. Meanwhile, many social events and even the celebration of the Chinese New Year have been canceled. This situation also affects the gambling industry in Makau.

The gambling control bureau, along with the health authorities, has already assisted local casinos in purchasing special equipment, designed to measure body temperature. Moreover, at checkpoints, an intensive check of all who want to get into the territory of this district has been carried out.

Macau is often referred to as the Asian Las Vegas because of its giant casinos and shopping malls on Cotai Strip, connecting Taipa and Koloman Islands. Although many Macau hotels have been already booked after the Chinese New Year, analysts expect that an eruption of an unknown virus might significantly reduce the influx of players in local casinos.

According to experts, due to Chinese pneumonia, Macau’s GDP may fall by several percents over the year, despite a slight increase in the shares of local companies after the visit of Secretary-General of the Central Committee of the Communist Party of China Xi Jinping in December.