Wuhan Coronavirus Outbreak Will Devastate Macau Casinos

The human toll of the Wuhan coronavirus is obviously of paramount concern, but its impact on businesses looks like it will be widespread as well, and one that will be acutely affected is the gaming industry in Macau.

Casino operations have been virtually wiped out as visits to the gambling enclave have plummeted 80% since the outbreak, and the stocks of the major gaming companies have been wrecked since the first reports of human-to-human transmission of the virus were reported in mid-January.

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Source Fool.com