The economic and social impact that globalization has had on the coronavirus novel (COVID-19) and COVID-19, as well as the individual impact on industry and business is profound. Macau’s gambling industry wasn’t the only one to be affected. Macau casinos were forced to shut down for more than two years beginning in February , 2020.
1. Are Macau adhering to an “dynamic zero COVID” policy?”
Macau is adopting Macau’s “dynamic zero COVID policy” to prevent the spreading of COVID-19. The policy also permits the closing down of specific areas like Shanghai Disney. The policy was designed in order to stop people from coming into contact as well as from forming huge groupings.
2. What’s the cause that the Macau casino operators are waiting to hear by the government regarding operating with new permits?
A lot of businesses are feeling the effects of coronavirus that is spreading across China. Casino operators operating in Macau are among the ones who are affected by the virus. They are waiting for a response by the Chinese government regarding the possibility of granting the new licences. In the central region of China, Wuhan was the first city to be affected by the epidemic. The virus has now spread into other parts of China which includes Macau, which is a Special Administrative Region (Macau). Numerous businesses, including casinos, had to close due to the situation. The Macau economy has experienced an enormous loss as a result of closing its casinos. A lot of people have experienced the effects of this losses in revenue to the gambling industry, which contributes a significant amount to the Macau’s GDP.
A Short Summary
There’s no stopping the coronavirus that is causing massive destruction and deaths across the globe. Companies are frequently forced to shut down while authorities attempt to trace the information provided by affected individuals. A day in the park could become a nightmare and could end the life of those around you. The world is facing a pandemic.