According to the city bureau on tourism, the number of Chinese tourists in Macau fell by 80% on Sunday – the third day of the holiday – compared to the same afternoon during last year’s lunar new year, which threatens the prospects for operators of numerous casinos.
The data show that in the first three days of the holidays the total number of arrivals in Macau decreased by 66%. This is a very strong blow to the economy, which depends on the gambling industry. Chinese President Si Jinspin last month during his visit to Macau praised the city government for maintaining stability, stressing that the former Portuguese enclave is necessary to diversify the economy. Unlike Restless Hong Kong, Macau has long been considered more loyal to the Board of the Communist Party. Gambling accounts for 80% of the annual income of the local government. According to Maoyan Movie, in China, sales of cash collections for the first three days of the holiday fell to 6.1 million. yuan (1.2 million. dollars) compared with 2.3 billion. Yuan a year earlier.
It is also reported that at least more than 100 people died in mainland China from the virus, which began in the city of Wuhan, while the number of confirmed cases of the disease increased to more than 4 thousand people. Macau officials extended school holidays until February 10 to help stop the spread of fatal disease. The leader of Macao Ho Yat Seng declared on January 23, that he could not exclude the closure of all casinos in the city due to the outbreak of the disease.