Macau Closes Casinos Most Businesses As Covid Outbreak Worsens

casino operators Las Vegas Sands, Wynn Resorts and Melco Resorts plunged after Macau shuttered all casinos to contain its worst COVID outbreak since the health crisis began. (Reporting by Stephen Culp; additional reporting by Amruta Khandekar and Shreyashi Sanyal in Bengaluru Editing by Marguerita Choy)

The market currently expects that the central bank will raise the Fed funds futures rate by 75 basis points in its latest salvo against red-hot inflation, a tactic which some fear could tip an already cooling economy into recession.
NEW YORK, July 11 (Reuters) - U.S.
stocks lost ground on Monday as a lack of catalysts left market participants warily embarking on a week back-end loaded with crucial economic data and the unofficial beginning to second-quarter earnings season.

rence. Some public services and businesses such as supermarkets and pharmacies can stay open, but casinos -- which in normal times accounted for around 80 percent of government revenue -- will need to close th

ation. The only city in China where casino gambling is permitted, Macau has seen its vital tourism revenues wiped out by some of the world's harshest measures to tackle the virus -- including tough border controls, weeks-long quarantines and targeted

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Flamin' Hot Doritos go wild Wild animals get to dancing, and Salt-N-Pepa's 1987 hit Push It gets to rocking in this Super Bowl ad for Flamin' Hot Doritos. That's Megan Thee Stallion as the fiery songbird, and Charlie Puth as the beatboxing fox.

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This week marks 30 years since Victoria introduced the first pokie machines at a pub in Melbourne's eastern outskirts, which then premier Joan Kirner described would result in 'better social, recreational facilities and a better night out.'

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Why People Like to Win Prizes Online? Since the dawn of time, people liked to compete against each other in all manners of sports and competitions.
The winner usually got a huge ego boost along with a sort of prize. As time marched on so did society, and people started competing against each other more for the prizes and less as a means of asserting superiority. Games evolved as well, and people sought more and more elaborate ways of perfecting their skills at

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"We´re hoping for a slowdown, which would put the Federal Reserve in a softer stance, but on the other hand, there are lots of reasons to believe inflation could stay high and the Fed will remain aggressive."

'Back then Victoria started with 10,000 machines, today there are almost 30,000 poker machines and despite mandatory closing laws operators have found loopholes to provide gambling access 24 hours a day - and in some of Victoria's most vulnerable communities.'

Alliance for Gambling Reform coordinator Anna Bardsley has led calls for a reduction in venue trading hours, spin rates and maximum bets after a shocking new report revealed Victorians alone had lost an estimated $66 billion to pokies in the last 30 years.
Later in the week a raft of economic data - including consumer prices, retail sales and factory output - should provide a glimpse of the extent to which inflation has peaked and the economy has cooled down as the Federal Reserve moves closer to next week's policy meeting, which is expected to culminate in the second straight 75 basis point interest rate hike.

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