Tag: slams

Macau casinos see deepening losses as virus slams China travel

By Farah Master

HONG KONG (Reuters) – Casinos in the world’s biggest gambling hub Macau are staring at heavy losses for the second quarter, with “not much hope” for a near-term recovery as a resurgence in coronavirus cases muddies the outlook for when China will reinstate travel visas.

Visitors from greater China make up for over 90% of Macau’s tourists, but given travel has dried up amid the health crisis, Morgan Stanley warns casinos in the special administrative region could rack up losses of $1 billion over April to June.

The Las Vegas Sands unit, Sands China, said it flipped

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Players’ union slams ‘unacceptable’ A-League travel fiasco

Sydney (AFP) – Australia’s footballers’ union lashed out Wednesday at “unacceptable” chaos after three Melbourne-based A-League teams were prevented from leaving Victoria for a second time with borders shutting as coronavirus cases surge.

The top flight A-League is due to resume next week but Melbourne City, Melbourne Victory and Western United remain stranded in the city while Football Federation Australia seek government exemptions so they can cross into New South Wales.

The first aborted attempt by the teams to leave was on Monday, when fog scuppered their planned flight to Canberra.

A day later when they were on buses to

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