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Reuters
Reuters
Business
By Farah Master

Macau shuts all its casinos to curb COVID, gaming shares plunge

Residents wearing face masks line up to get tested for the coronavirus disease (COVID-19) in Macau, China July 4, 2022. REUTERS/John Mak

Macau shut all its casinos for the first time in more than two years on Monday, sending shares in gaming firms tumbling as authorities struggle to contain the worst coronavirus outbreak yet in the world's biggest gambling hub.

The city's 30-plus casinos and other businesses will shut for one week and people were ordered to stay at home though short trips for essential services were allowed.

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