For Macau investors, all bets are off

China Literature

04/02/2020 10:13

(The author is a Reuters Breakingviews columnist.  The opinions
expressed are her own.)
    By Katrina Hamlin
    HONG KONG, Feb 4 (Reuters Breakingviews) - The territory is
closing casinos for two weeks to contain the virus. Visits to
Sands and rivals may be postponed, not lost, but only a real
gambler would double down on Macau now. Home entertainment from
the likes of iQiyi, China Literature or Perfect World offer
better odds. 
    Full view will be published shortly.
    On Twitter https://twitter.com/KatrinaHamlin
    
    CONTEXT NEWS
    - Macau, the world's biggest gambling hub, said on Feb. 4 it
had asked all casino operators to suspend operations for two
weeks to help curb the spread of the new coronavirus.
    - The announcement by Macau’s chief executive Ho Iat Seng
came as the former Portuguese colony reported 10 confirmed cases
of the virus and tight restrictions on movements in and out of
the Chinese territory.
    - For previous columns by the author, Reuters customers can
click on  HAMLIN/  
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    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Hong Kong records first virus death, Macau shuts casinos   
 urn:newsml:reuters.com:*:nL4N2A401C
BREAKINGVIEWS - Macau’s makeover comes at a cost for casinos   
 urn:newsml:reuters.com:*:nL4N29K0IU
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
 (Editing by Jeffrey Goldfarb and Sharon Lam)
 ((katrina.hamlin@thomsonreuters.com; Reuters Messaging:
katrina.hamlin.thomsonreuters.com@reuters.net))