Covid outbreak disrupts Macau near term recovery: Bernstein

Bernstein expects that Macau GGR will be severely impacted in both June and July.
While casinos will not be shut down but visitation into the city will be severely limited and revenues are set to plummet close to zero for at least the next week, and quite likely several weeks, Vitaly Umansky wrote in a note earlier today.

Depending on how quickly Macau is able to get the newest outbreak under control, there is risk of delay to finalization of the gaming law amendments and subsequent concession tender process.

Source: https://agbrief.com/news/macau/20/06/2022/covid-outbreak-disrupts-macau-near-term-recovery-bernstein/