Macau Shuts Casinos for Two Weeks

Macau Shuts Casinos for Two Weeks

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of casino closures in Macau due to a virus outbreak, highlighting the potential loss of $1.5 billion in gaming revenue over 15 days. Despite this, major casino operators are financially resilient, with strong credit profiles and liquidity to withstand the disruption. The closures affect Macau's economy and labor force, with significant declines in visitor numbers and cash flow. Stress scenarios show operators can manage the impact, but the closures' full effect remains uncertain.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated financial loss due to the 15-day casino closure in Macau?

$1.5 billion

$150 million

$15 million

$1.5 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are major casino operators in Macau expected to handle the disruption caused by the closures?

By relying on strong balance sheets and liquidity

By reducing employee salaries

By seeking government bailouts

By closing more casinos

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the decline in visitation during the Chinese New Year in Macau?

78%

50%

60%

90%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact on cash flow for casino companies due to the closures?

A complete shutdown

No impact

A slight increase

A significant hit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do the official closures impact the casinos given the prior decline in visitation?

They cause permanent closure

They lead to immediate recovery

They have a marginal impact

They have a major impact