At Last! Easing Isolation Measures Will Allow Philippines’ Casinos To Restart Soon

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Article by : Helen Aug 26, 2020

Earlier, it was reported that the Filipino authorities might move from more cautious steps of enhanced quarantine to a gradually soft General Community Quarantine. It became known that the President of the Philippines Rodrigo Duterte finally announced that the country’s capital is expected to reduce restrictive measures from 19 to 31 August. Most likely, this situation will have a positive effect on the activities of casinos and hotels.

Experts insist that such a decision was made most likely due to the worsening economic situation. Meanwhile, the number of new Covid-19 cases in the Philippines is not decreasing at all. Some news agencies already call it the country of Covid-19. The region is seeing a considerable increase in new coronavirus cases.

Despite the imposition of stricter restrictive measures, the government has witnessed over 3,000 new cases of Covid-19 daily.

According to official information, the number of cases of Covid-19 is 164,474. However, these data are not accurate as they are based solely on statistics provided by the official health authorities. The situation may look much more deplorable since there is no procedure for mass testing of citizens in the country.

Either way, for game operators based in Manila, the reduction of restrictive measures is like a lifeline. The second quarter of 2020 became a real nightmare from an economic point of view for most casinos. A few of the gambling establishments, namely City of Dreams Manila, Okada Manila, Solaire, and Resorts World Manila, were able to generate a small income share. This became possible only because casinos could obtain permission to conduct trial openings for a limited number of guests. After the introduction of stricter quarantine measures in early August, such restarts have become entirely impossible.

The transition to a simplified version of restrictive measures will allow the casino to receive some income and stay afloat. Casinos jumped at this remote chance with great efforts. However, the Philippine Amusement and Gaming Corporation still did not comment on reopening the entertainment venues anytime soon. Even if gambling operators can launch the restart procedure, the road to return pre-crisis income will be incredibly long.

The casinos have already published information on possible security measures that will be taken to protect visitors and staff. It involves protective masks, as well as mandatory social distance. Market experts noted that casinos are currently in a challenging situation. Foreign visitors are unlikely to be eager to come to the Philippines at the height of the epidemic. The same goes for the locals, who are well aware of the disease risks and are not ready to visit the casinos right after they open.

It looks like the situation with the coronavirus has had a detrimental effect on many gambling houses. It became known that the 2 largest online casinos, which represent the Philippine operators, are leaving the Chinese market and are laying off more than 5,000 employees. Don Tences Asian Services Solutions and SC World Development Group Ltd. have requested the revocation of their licenses.

Initially, residents of the Phillippines could directly experience luxury gambling establishments in Las Vegas and Macau. The culture of gambling has developed in the region, thanks to the direct influence of China. One of the latest gambling establishments to open in Manila is Okada Manila. The entertainment complex is located directly next to the bay. It is famous among visitors for its unique view of the sunset. Moreover, the entertainment complex has become famous worldwide thanks to the largest multicolored dancing fountain.

Helen

Chief Editor

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