Macau Places SJM's Grand Lisboa Casino Under Lockdown

The video discusses the lockdown of the Grand Lisboa casino due to COVID-19 cases and its implications for the gaming industry. It highlights that the lockdown has minimal impact on casino operations due to low gambling activity. The focus shifts to the broader concerns about China's COVID-19 policies and their effect on the market. Analysts suggest that casinos can survive for up to two years but may need additional funding from parent companies. The video concludes with a discussion on the liquidity challenges faced by casinos and their strategies to remain operational.

What was the primary reason for the lockdown of the Grand Lisboa casino?

• 13 COVID cases linked to the resort

• A new government policy

• A major security breach

• Renovation work

How did the lockdown of Grand Lisboa affect the casino operations?

• It significantly increased gambling activity

• It had little impact due to already low activity

• It resulted in a surge of tourists

• It led to a complete shutdown of all casinos

What are investors most concerned about regarding the casino industry?

• The weather conditions

• China's COVID-19 situation and travel restrictions

• The quality of casino services

• The introduction of new games

What is one potential solution for casinos facing financial difficulties?

• Expanding casino floor space

• Seeking additional funding from parent companies

• Increasing entry fees

• Reducing staff salaries

How long can most casinos last financially according to analysts?

• Three months

• Nine months to two years

• Indefinitely

• Six months