🤑 Singapore casinos brace for Wuhan coronavirus fallout - Nikkei Asian Review

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China's recent ban on group tours in an attempt to contain the virus will likely dent the revenue prospects of both resorts. This blow has come just.


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As the only place in China where gambling is allowed, Macau's casinos account for about 80 per cent of government revenue. Some 35 million.


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There isn't a single face exposed in the cavernous Galaxy casino. The Wuhan virus has turned China's gambling mecca of Macao into a.


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The coronavirus that started in Wuhan, China, has hit hard the Macau casino business during the peak holiday season of the Lunar New Year.


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Genting runs gaming tables at its Resorts World operation on Sentosa island in southern Singapore, while Las Vegas Sands' casino is on its Marina Bay Sands property in the country's downtown precinct. Read Next. These include intensifying the cleaning and disinfection of public areas," a Sands spokesperson said. Sign up to our newsletters to get our best stories delivered straight to your inbox. Genting and Sands' exclusive rights to operate casinos in the city-state had lapsed, but were extended last year to end Analysts have likened the present coronavirus situation to the outbreak of severe acute respiratory syndrome SARS , in Singapore. Artboard Created with Sketch. Coronavirus Singapore casinos brace for Wuhan coronavirus fallout City-state's gaming tables face declining visitor numbers amid epidemic fears. During the evening, the lines were thin, with visitors not needing to wait long before entering. Staff at Marina Bay Sands also said they had noticed fewer visitors. Coronavirus Coronavirus: Six things to know. Marina Bay Sands resort in Singapore has implemented precautionary measures to prevent the spread of coronavirus, including intensifying the cleaning and disinfection of public areas Photo by Dylan Loh. Coronavirus Study suggesting earlier human transmission fuels public anger. Your trial period has expired You need a subscription to Read all stories with unlimited access Use our mobile and tablet apps See all offers and subscribe. Arrow Artboard Created with Sketch. Stay ahead with our exclusives on Asia. China's recent ban on group tours in an attempt to contain the virus will likely dent the revenue prospects of both resorts. The two operators declined to detail recent visitor numbers to the Nikkei Asian Review, but said they had stepped up health and safety precautions for guests at their entertainment facilities, which are popular tourist spots in Singapore. Copy Copied. Back then, Genting and Sands' casinos in the country did not exist, as they only opened in , making the Wuhan outbreak a real test for the gaming operators in facing down a damaging epidemic. In the city-state this past week, the number of cases of coronavirus infection crept into double-digit territory. Coronavirus WHO declares global health emergency on coronavirus. This blow has come just as both operators received the nod from Singapore authorities to expand their resorts in the country. Stay ahead with our exclusives on Asia ; the most dynamic market in the world. Offer ends April 30th. Only if everybody stays indoors," Song Seng Wun, director at CIMB Private Banking, told Nikkei, adding that first quarter earnings this year for the gaming operators could take a hit assuming the coronavirus epidemic does not clear up quickly. Sponsored Content. A potential lifeline for gaming operators would be if the Singapore authorities helped them cushion the fallout from the Wuhan outbreak by relaxing casino entry levies which are meant to deter Singaporeans from gambling. Coronavirus Grab and Gojek scramble to curb coronavirus spread in Singapore. The Lunar New Year holidays are typically peak season for casinos in the city-state, with scores of Chinese tourists usually thronging around gaming tables at both Resorts World and Marina Bay Sands. Selena Ling, head of research at Singapore's OCBC Bank, noted that China was the city-state's top source of visitor arrivals in the first half of last year, accounting for Will it be as extreme as SARS? But he said the Wuhan coronavirus, with its rapid spread, could have a "materially negative impact" on the casinos, given that the current outbreak more closely resembled that of SARS in its ability to inflict potential damage on tourism-dependent sectors. Get trusted insights from experts within Asia itself. Your full access to the Nikkei Asian Review has expired You need a subscription to: Read all stories with unlimited access Use our mobile and tablet apps See all offers.{/INSERTKEYS}{/PARAGRAPH} {PARAGRAPH}{INSERTKEYS}City-state's gaming tables face declining visitor numbers amid epidemic fears. Coronavirus Coronavirus fears haunt Vietnam and Myanmar border towns. The Nikkei Asian Review visited the casinos this week, and saw queue lines set up to channel gamblers toward thermal scanning points for body temperature checks before they hit the gaming tables.