Published
Land-BasedCasinoFinancial

Typhoon Mangkhut estimated to have cost Macau casinos $119m

The Macau Statistics and Census Service has estimated Typhoon Mangkhut cost the country's gambling industry MOP 960m ($119m).

Macau

On 15-17  September, casinos in Macau were forced to close due to the typhoon. This was the first time casinos were made to shut their doors since opening in 2002.

The Macau Statistics and Census Service has estimated the damage also caused the rest of Macau losses of around MOP 1.55bn.

The estimate covered economic losses of business, damages to homes, vehicles and public service systems, to name a few.

The government and the six operators of Macau’s casinos agreed to close until the storm had passed. The government has since said it may consider making closures mandatory if and when another storm hits Macau.

Typhoo Mangkhut caused serious flooding and damage to infrastructure, with floodwater levels reaching up to 1.9 metres above road level, while wind speeds hit up to 160 kilometres per hour.


Asia News Sponsor
Premium+ Connections
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Live! Casino & Hotel Maryland
Mohegan
Mohegan Inspire
DraftKings
Follow Us

Company profile: Growe Partners

Dominate the Sports Betting Affiliate Arena with Growe Partn...

Company profile: GR8 Tech

The sportsbook provider discusses turning sportsbooks into a...

Analysing sports betting data from the African Cup of Nations 2024

Sports betting supplier Betby provides Gambling Insider with...

LiveScore Group: Football’s changing relationship with fans

Gambling Insider delves deeper into LiveScore’s Evolution...