Just when it seemed like things might finally be looking up in Macau, the world’s largest gambling hub was dealt another heavy blow last week—this time by Mother Nature.

After Macau visitation numbers during China’s Golden Week holidays started off much stronger than last year’s numbers, the latest reports out of Macau indicate that the landfall of Typhoon Mujigae severely disrupted visitation numbers.

Strong Start Derailed

The Golden Week holidays got off to a strong start from October 1–7, when visitation to Macau climbed 7.1 percent higher than last year’s total for the same week.

However, the tourism boost was derailed by Typhoon Mujigae, the strongest October storm to hit the Chinese mainland since 1949. Since the storm made landfall on October 4, Macau visitation numbers have dropped by 16 percent.

Underlying Strength

Despite the discouraging disruption, investors in Macau gambling resort operators Las Vegas Sands Corp. LVS 2.48%, MGM Resorts International MGM 1.86%, Wynn Resorts, Limited WYNN 2.17% and Melco Crown Entertainment Ltd (ADR) MPEL 1.03% can take…

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