Casino Shuttles Macau

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(Bloomberg) -- Casino stocks rallied as the easing of some Chinese travel restrictions for Macau sparked optimism of a revival in the world's largest gambling hub.

China's Guangdong province agreed to lift quarantine requirements for travelers returning from neighboring Macau, making it easier for gamblers to cross the border. Galaxy Entertainment Group and Sands China Ltd. rose more than 4% in Hong Kong on Tuesday, leading gains on the Hang Seng Index. Wynn Macau Ltd. was up as much as 16%, set for its best day since 2011. SJM Holdings Ltd. and Melco International Development Ltd. increased at least 6% as of 10:24 a.m.

JPMorgan Chase & Co. expects gross gaming revenue to improve to 20%-25% of 2019 levels following the border opening with further relaxing of travel restrictions expected. That could include allowing allowing residents to skip 14-day quarantine measures when entering borders outside of Guangdong from Macau.

'We expect some pent-up demand to materialize in Macau fairly rapidly as travel restrictions come down,' Sanford C. Bernstein analyst Vitaly Umansky said in a note. While people coming from outside Guangdong will still have a hard time visiting Macau, 'the overall trend is moving in the right direction.'

After Macao immigration at the bus station, is there any free shuttle bus to Lisboa Hotel. Please provide detail. Is there any locker available for non-hotel resident in Lisboa Hotel. What is the charge if any? Is there any free shuttle bus from Lisboa Hotel to Gongbei border. What bus should I take from Senaldo square to Gongbei. If you're interested in visiting Macau peninsula, Taipa, and Cotai, then you can get around easily using the free shuttle buses. They shuttle passengers (and potential gamblers) between the ferry terminal and the big casino hotels in Macau peninsula and Cotai. Cunha Street in Taipa is about a 15-20 minute walk from the Galaxy Macau Hotel.

Bloomberg Intelligence Index for Macau casinos surged as much as 12%. U.S. casino stocks rallied overnight with MGM Resorts International up as much as 6.8%, and Melco Resorts & Entertainment's U.S. shares jumping 18%.

1. Wynn Macau and Lisboa Hotel. They have shuttle buses to go to the Macau Outer Harbour Pier. Largo Senado to Taipa Ferry. This really doesn't make sense to me. If you are at Senado Square (hotel?), why would you want to go to Taipa to take the ferry??? Go to the Macau Outer Harbour Ferry Terminal is much closer, and with more frequent ferry.
2. When the Casino Lisboa first opened in 1970 it set the stage for the gambling legacy that continues to power Macau's economy to this day. Macau's original casino, designed to resemble a towering lotus leaf, is home to a hotel, four gaming floors, shopping arcade, restaurants, a swimming pool, and a Parisian-style cabaret show. The BasicsThe Casino Lisboa, including.

The agreement with Guangdong, announced on Monday, will remove the 14-day quarantine requirement put in place by the province in late March to stem the coronavirus pandemic. That measure effectively cut off Chinese travel to the gambling enclave, leaving baccarat and roulette tables virtually empty.

The restriction will be lifted on July 15 at 6 a.m. local time. Travelers will still need to get a virus test before they go.

The easing of restrictions should provide much-needed relief to Macau's casino industry, which saw gaming revenue plunge by more than 90% for three straight months as the highly infectious pathogen forced countries to shut borders. The lifting of quarantine requirements will now allow high-roller Chinese gamblers, the enclave's lifeblood, to return freely.

Macau's gross domestic product, heavily reliant on the tourism and gaming industry, shrank 49% in the first quarter of this year. Even though casino operators reopened after an unprecedented 15-day shutdown in February, travel curbs meant tourists and high rollers couldn't get there. Morgan Stanley estimated that the industry is losing $15 million daily in expenses.

The casino takings could recover gradually to about 15% to 25% of the pre-Covid level in the near germ, given only Guangdong province, which accounts for about 40% travelers into Macau, will be reopened and no re-issuance of the travel visa yet, said Credit Suisse gaming analysts led by Kenneth Fong in a note Monday.

The restriction will be lifted on July 15 at 6 a.m. local time. Travelers will still need to get a virus test before they go.

The easing of restrictions should provide much-needed relief to Macau's casino industry, which saw gaming revenue plunge by more than 90% for three straight months as the highly infectious pathogen forced countries to shut borders. The lifting of quarantine requirements will now allow high-roller Chinese gamblers, the enclave's lifeblood, to return freely.

Macau's gross domestic product, heavily reliant on the tourism and gaming industry, shrank 49% in the first quarter of this year. Even though casino operators reopened after an unprecedented 15-day shutdown in February, travel curbs meant tourists and high rollers couldn't get there. Morgan Stanley estimated that the industry is losing $15 million daily in expenses.

The casino takings could recover gradually to about 15% to 25% of the pre-Covid level in the near germ, given only Guangdong province, which accounts for about 40% travelers into Macau, will be reopened and no re-issuance of the travel visa yet, said Credit Suisse gaming analysts led by Kenneth Fong in a note Monday.

'Macau government has been actively working with the Zhuhai government to resume the traffic flow,' the note said, 'But the progress has been slow with the resurgence of new cases in Hong Kong.'

While Macau has largely contained the coronavirus outbreak and just got good news of border relaxation, neighboring Hong Kong is tightening virus measures to limit social gathering. Schools have been ordered into an 'early summer holiday,' while restaurants and bars limit the number of patrons. Events including Hong Kong's week-long book fair and the champion awards dinner by the Jockey Club have been canceled, and Walt Disney Co. said on Monday that it was temporarily shutting down Hong Kong Disneyland on July 15.

Investors and analysts are hoping China will now take further steps to ease the resumption of visitor flow, including lifting its freeze on the individual and group tourist visas that middle-class Chinese use to travel to Macau.

Macau has detected only a handful of coronavirus cases since April.

'We would expect that if the new policies are implemented well for some time with no contagion, the travel restrictions will continue to be loosened,' Bernstein's Umansky said.

With the border relaxation as the first positive step of easing policies, analysts now have higher hopes for the National Day Holiday in October to bring back traffic. Citigroup Inc. expects the golden week, which is still about 10 weeks away, will be a positive driver for Macau visits, as there'll still be limited safe travel destination options for Chinese visitors at that time.

'We remain hopeful that this Golden Week will be more 'Golden' than usual for Macau if more non-Guangdong provinces and Hong Kong are added to the bubble before the Golden Week starts,' George Choi, a Hong Kong-based analyst at Citigroup Inc., wrote in a note after the government announcement.

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We provide complimentary shuttle bus service for easy access to Grand Lisboa Hotel. The complimentary shuttle service covers Macau Maritime Ferry Terminal and the Macau International Airport.

Hotel Shuttle Services Schedule

Casino Shuttles Macau Casinos

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Reminder: The above times are only for reference, and there may be unforeseen traffic conditions affecting the arrival time of shuttle buses.