UPDATE 1-Macau Locks Down Landmark Lisboa Hotel After COVID Cases...

HONG KONG, July 6 (Reuters) - Macau has locked down one of the city's most famous hotels, the Grand Lisboa, after more than a dozen COVID-19 cases were found there on Tuesday, with infections spreading rapidly in the world's biggest gambling hub.

July 11 (Reuters) - U.S. stock index futures fell on Monday, bracing for the start of the earnings season which could see profits come under pressure at a time of growing fears of an economic downturn due to aggressive interest rate hikes.

Jailene Holton, 21, of Philadelphia, was shot while standing in the back of the Philly Bar and Grill on June 28. She was out for a night on the town with her friends. Her family said she rarely went out and that she was the group's designated driver 

Only Macau's casinos have been allowed to stay open in an effort to ensure job security. The government relies on the industry for more than 80% of its tax revenue with most of the population employed directly or indirectly by the casino resorts.

HONG KONG, July 7 (Reuters) - Macau shut down a popular shopping mall adjacent to MGM China's casino resort on the city's main peninsula after several COVID-19 infections were found, as authorities raced to the biggest outbreak yet in the world's biggest gambling hub.

'Our community is deeply diminished by the utterly appalling and senseless loss of Jailene, Should you have just about any inquiries about where along with the best way to utilize casino online, you can call us on our own web page. who held such great promise for a tremendous future. Our hope is that the quick capture of this heinous perpetrator will bring some comfort to the Holton family,' officials said.

In Queensland, Star owns and operates the Treasury Brisbane and The Star Gold Coast casinos, and is building a $3.6 billion Queen's Wharf resort development in Brisbane, which is expected to open in 2023.

'When are people going to get fed up with this reckless shooting in the city?' Holton's uncle, James, asked. 'Nobody does nothing. They get a mouthpiece for 20 seconds on TV and that's it and everybody's running around like the Wild West out here. I mean cowards!'

'Once he realized we were there and weren't going away, we were able to get him into custody safely without anybody getting hurt,' said Robert Clark, supervisor of the U.S. Marshals Fugitive Task Force. 'We do believe that he knew he was wanted,' he added

'We started at 5:30 Wednesday morning, exhausted some leads here in the city of Philadelphia. We had some other things we needed to run down in South Jersey and, lo and behold, we found a spot for him at Harrah's Casino.  

After a dismal first half of the year, U.S.
stocks started July on an upbeat note, however, market participants fear that upcoming quarterly results could trigger another selloff, with earnings potentially falling short of estimates.

The report, which signaled a still strong labor market helped alleviate some fears about an immediate recession, but added to worries about more aggressive monetary policy tightening by the Fed to stamp out soaring inflation.

casino operators Las Vegas Sands, Wynn Resorts and Melco Resorts fell between 4.6% and 5.7% after Macau shut all its casinos for the first time in more than two years in a bid to contain the spread of COVID-19. (Reporting by Amruta Khandekar in Bengaluru; Editing by Shounak Dasgupta)

The Grand Lisboa is the second casino hotel to be locked down in recent weeks.
Owned by SJM Holdings, which was started by former Macau kingpin Stanley Ho, the Lisboa is one of the city's best known landmarks.

'A lot of our investigators on the task force have children. This was an unnecessary random act of violence. It's a horrific act and we're just very grateful we were able to get out there and get him into custody in under 12 hours,' said Clark. 

The territory had largely been COVID-free since an outbreak in October 2021. A shopping mall inside the Four Seasons hotel owned by Las Vegas Sands Macau unit Sands China was also requested to shut this week after several cases were found.

Only Macau's casinos have been allowed to stay open in a move to protect jobs, the government said. Macau gets more than 80% of its tax revenues from the industry with most of the population employed directly or indirectly by the casino resorts.

The more than 600,000 residents in the former Portuguese colony have been asked to stay at home when possible and are required to take part in three citywide COVID-19 tests this week.
People are also required to take rapid antigen tests in between.