News Snapshot:
Macau casino companies are getting heavily in debt, with the effects of the coronavirus pandemic literally destroying their sales while their operating expenses remain high. All six gambling operators , which are licensed to offer their services on the territory of Macau, reported net losses for the first six months of the year. The news raised concerns about the future of the gambling sector , which has been the main driver of the Chinese autonomous region’s economy. Because of the Covid-19 situation, the constant flow of travelers , respectively casino patrons, to Macau, has been halted, which left the local...
