According to health officials, COVID-19 rates remain under control, independent of the latest variant that is now beginning to surface.<\/p>\n
\n
In Hong Kong, the seven-day average of new cases has hovered around three for the past week. In Macau, there haven’t been any newly reported cases since the beginning of October. China hasn’t reported any new cases, either.<\/p>\n<\/div>\n
These figures come as the rate of vaccination continues to increase in all of the regions. Hong Kong and China, in discussing the reduction of travel restrictions, indicated that they would first start with the Guangdong Province. If everything went smoothly, additional changes would be facilitated for travel between other mainland provinces and the SAR.<\/p>\n
Macau’s Improved Revenue<\/h2>\n
While Macau has also relied heavily on Chinese gamblers, it also depends on Hong Kong for regular traffic. China accounts for around 70% of the city’s pre-COVID-19 traffic, with Hong Kong delivering just under 20%. With the pandemic, 2020 brought virtually no visitation from the two feeder markets. This year, despite some improvement, Macau has still been unable to recover and return to its normal operating levels.<\/p>\n
So far this year, through the end of October, Macau’s casinos recorded gross gaming revenue (GGR) of almost $9 billion. This was a huge improvement \u2013 about 57% – over what they saw last year. However, it is still less than one-third of the $33.5 billion they recorded in 2019.<\/p>\n
November continued to provide better numbers. The first three weeks of the month delivered an estimated $585 million, 59% more than the entire month of October. The figure, though, was still 71% lower than two years ago.<\/p>\n","protected":false},"excerpt":{"rendered":"
If things go according to plan, travel between Macau and Hong Kong could become more fluid next month. Macau is reportedly close to eliminating its mandatory COVID-19 quarantine for Hong Kong arrivals. With the change possibly only a couple of weeks away, this would be great news for Macau’s casinos. However, before anyone can start […]<\/p>\n","protected":false},"author":64,"featured_media":193243,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69069,33810],"tags":[],"acf":[],"yoast_head":"\n
Macau Could Drop Hong Kong Quarantine Requirement Soon, But New Variant Will Factor - Casino.org<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n