News Snapshot:
Macau’s government Saturday ordered the week-long closure of all commercial businesses – including the market’s once-lucrative casino industry – because of an increasing number of COVID-19 cases that began in mid-June. The planned casino shutdown is the first in Macau since the 15-day closure in February 2020, which took place at the outset of the pandemic. The latest closure ordered by Macau Secretary for Administration and Justice Andrew Cheong Weng Chun begins at midnight on Monday and will last through July 18. Macau is a Special Administrative Region of China and the country’s only legal casino market. Las Vegas Sands,...