Analysts have estimated the closures will cause the 41 casinos to lose $1 billion. The government said it intends to distribute $1.24 billion to businesses affected by the shutdown.
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After the second full day of a shutdown in Macao, the normally bustling streets were empty and stock shares for Las Vegas Sands, Wynn Resorts and MGM Resorts were down.
By Venus Feng and Shirley Zhao Bloomberg News
Macao will shut almost all businesses, including casinos, for a week starting Monday as a COVID-19 outbreak showed few signs of abating, Macao Daily reported.