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The world’s biggest gambling hub shuts down

Published

2 years ago

on

Macau is is shutting its casinos for the first time in more than two years, as authorities seek to contain a Covid-19 outbreak

Macau is in the grips of its worst virus outbreak since the start of the pandemic.

Around 30 casinos will shut for one week, as people are forced to stay at home.

Police are monitoring the public, who are allowed to leave their homes for essential services.

Many casinos have been shut for three weeks, as the city struggles with its Covid-zero approach.

Gambling revenue is an important source of income for Macau’s Government. It accounts for USD $29 billion annually.

While the practice is illegal under Chinese law, the gambling hub legalised gambling in the 1850s.

Frustration is mounting over the government’s handling of this latest outbreak, as fights break out at testing centres.

Earlier this year, 600,000 residents were forced to line up for mass testing in the Chinese territory.

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Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Money

ASX positioned for strong start after positive stock rebound

Published

14 hours ago

on

September 10, 2024

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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News

Apple’s iPhone 16 event puts AI back into the spotlight

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14 hours ago

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September 10, 2024

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Apple has unveiled its long-awaited artificial intelligence-boosted iPhone 16 and promised improvements in its Siri personal assistant.

Apple CEO Tim Cook emphasised the company’s commitment to innovation, aiming to redefine the future of consumer technology with seamless AI integration. #featured #trending #hotshots #hot shots

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Leaders

Philadelphia prepares for the first debate between Harris & Trump

Published

15 hours ago

on

September 10, 2024

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Philadelphia is bracing for a pivotal political showdown as it prepares to host the highly anticipated debate between Vice President Kamala Harris and former President Donald Trump.

The debate is seen as a critical moment in shaping public opinion ahead of the upcoming elections, drawing intense media coverage and public interest. #featured #trending

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