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Best Casino Hotels in Macau on Tripadvisor: Find 56,835 traveler reviews, 60,091 candid photos, and prices for 39 casino hotels in Macau, China. HONG KONG (Reuters) - Macau, the world’s largest gambling hub, has extended casino licenses for MGM China and SJM Holdings until 2022, bringing them on par with other operators, authorities in the. Businesswoman Eva Leung Fung-wah, 63, used to go travelling with her family during the Lunar New Year holiday every year. A short trip to Macau for gambling fun was a must on her annual itinerary. “To test our luck,” she explained. But there will be no such trip this year. As the Covid-19 pandemic continues to upend lives, Hongkongers like Leung have come up with alternative ways to ring.

Are Macau Casinos Open Now

(Bloomberg) — Macau casino stocks surged the most in nearly two and a half months after the gambling hub reopened to quarantine-free travel from the Chinese mainland.

Sands China Ltd. surged as much as 10%, the most since December 2018, and Galaxy Entertainment Group Ltd. rose much as 12%, its steepest gain since March 20. Shares in Wynn Macau Ltd., Melco International Development Ltd. and MGM China Holdings Ltd. each climbed about 9%. A Bloomberg gauge for the sector’s equities jumped as much as 8.5%, the most since Nov. 10.

Macau has gradually been easing quarantine rules on visitors from the mainland, its biggest market, with the final lifting of restrictions on Monday adding to optimism after data showed casino revenue surged last week during the Lunar New Year holidays.

“Easing quarantine policy between mainland China and Macau could provide a ground for foot traffic improvement for Macau casinos,” said Bloomberg Intelligence analyst Angela Hanlee. “We now need to watch how the mainland’s policy toward overseas gambling is in March as it does not want Macau to become an infrastructure facilitating that.”

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The casinos have been recovering from their worst year on record after China began lifting travel restrictions months ago. Still, coronavirus testing and social distancing rules have kept many gamblers away, with gross gaming revenue down 64% from a year earlier in January. Visitor arrivals for that month are due later today.

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Contact editor Yang Ge (geyang@caixin.com)

• 'Casino was well lit and very comfortable, too comfortable as you feel like.
• (Bloomberg) - Macau casino stocks surged the most in nearly two and a half months after the gambling hub reopened to quarantine-free travel from mainland China.Sands China Ltd. Surged as much as.

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