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Chinese gambling hub closes for Covid testing

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The world’s biggest gambling hub, Macao has began its second day of mass Covid testing

Around 600,000 residents will line up for Covid testing in the Chinese territory of Macao, where banks, schools, and businesses will shut their doors.

Most residents are being asked to stay at home, restaurants will be shut for dine-in, and border restrictions have been tightened.

It comes after dozens of locally transmitted cases were discovered over the weekend.

Casino revenues are also likely to slump for at least a week. But the city’s gambling revenue is an important source of income for Macao’s Government.

The source of this latest outbreak is still unknown, but authorities are concerned about how fast it is moving.

The city has one public hospital, which is already stretched with patients.

Lawmakers are set to amend the city’s gaming laws this week, which will set expectations for multibillion-dollar casino operators.

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