New Zealand’s tourism industry has been crushed again as new regulations on travel restrictions for foreigners are established and the country’s borders will be closed for a longer period than expected. This is a huge success for casinos nationwide as they cannot rely on players from other countries until 2022. But during the lockdown at the end of 2020 statistics showed New Zealanders were actually spending a lot. money in slot machines.
The average number of cases per day in New Zealand has increased
When the pandemic hit the world, New Zealand was one of the countries firmly in control of the crisis. The country managed it quite spectacularly and that is why it was able to operate under normal conditions. However, that all changed in late 2020 and 2021.
Data from the Johns Hopkins Center for Systems Science and Engineering shows the average number of new cases on Wednesday was around 191. As of mid-August, the daily average was just three.
Health officials are concerned about the protracted problems and the increase in COVID-19 cases. For much of the year New Zealand’s borders have remained closed, and in early 2020 residents who are abroad will be able to return, but foreign visitors will have to wait a bit longer.
As Chris Hipkins, the COVID-19 response minister, said, foreigners wishing to travel to New Zealand will have to go into quarantine and these rules will be in effect until the end of April. The country’s casinos, especially SkyCity Entertainment Group, will have a serious negative impact. SkyCity’s business revolves around international players.
Hipkins said closing the borders was one of the first steps to protect the country from the pandemic. As the transition to the traffic light protection framework system is completed and the Auckland border is lifted, the borders will be the last thing that is opened.
New Zealand’s new health measures suggest residents traveling from Australia to New Zealand on Jan. 16 at 11:59 p.m. will not have to self-quarantine if fully vaccinated. However, vaccinated travelers will still have to quarantine themselves until April 30.
Hipkins pointed out that the announcement was made yesterday so that businesses, visitors, families, as well as airlines and airports have the time and needs to prepare. He ended by saying that New Zealand as a country is in a position to evolve towards a normal state.
SkyCity may suffer significant losses with the new health measures
As Intelligent Investor reports, SkyCity relies heavily on foreign players to feed its casinos in Queenstown and Auckland, which are believed to be the main source of a recent outbreak of COVID-19. The majority of SkyCity’s traffic comes from China, as that country’s VIP activity has grown from $ 12.34 million (NZ $ 18 million) to $ 84.31 million (NZ $ 123 million). Zealander). These figures suggest that Chinese players are responsible for 40% of the company’s growth.
But after the pandemic hit, SkyCity’s numbers plummeted, which was bad news as the company was reinvigorating its properties and spending a lot of money. Plus, he faces additional challenges as he wants to appease regulators.
SkyCity announced earlier this year that it will no longer work with junkets, which is a response to the massive fallout in Australia caused by Crown Resorts. Crown also announced that he would stop working with junkets.
The company hopes to find some relief as soon as possible. Its Auckland Casino will open on December 3, but only if there are no further setbacks. By welcoming customers again, the casino will respect the new traffic light system for COVID-19 imposed by the authorities.
This traffic light system is known as the COVID-19 protective framework and it is more flexible than New Zealand’s alert level system. As officials monitor the situation across the country, they will assign green, orange or red colors, depending on the level of threat caused by COVID-19.
Individuals will be required to wear masks indoors and schools, stores, and some community events may operate. Orange means capacity in public places will be limited and stricter rules on face masks will be present. Red will further increase the capacity limit by placing strict requirements on face masks.