Macau and Singapore are shrinking as casinos struggle

Although wealthy and industrious, small towns like Macau and Singapore gain a lot from the foreign employees who travel to work there, but they protect their own by implementing laws that prioritize locals first. Unsurprisingly then, both cities have seen non-resident’s laid off from casinos at a higher rate than locals, and an exodus is beginning.

Macau’s Statistics Census Bureau reports the total population of the special administrative region (SAR) has decreased 10,700 in the last quarter, and now sits at 685,400.

At the same time, the Labour Affairs Bureau (DSAL) suggests non-resident workers dropped by about 3,000. However, Lei Wai Nong, Secretary for Economy and Finance, has said that as many as 10,000 have lost their jobs, which lines up perfectly with the decline in population. With many employees being furloughed, this could come down to a difference in definition for the two numbers. With little opportunity for new jobs, the number of non-resident worker arrivals in the first half of the year has also dropped just over 3,091 as well.

In Singapore, it’s pretty much the same story. The Ministry of Manpower has revealed that layoffs at Resorts World Sentosa (RWS) primarily targeted foreign workers. While exact numbers aren’t known, before the pandemic RWS had 66% Singaporean staff. It now has 75%, and it’s speculated that as many as 2,000 staff lost their jobs.