Outside of Stanley Ho’s guesthouse and private marina where several boats and yachts looked to be in pretty bad shape, Macau appeared to escape the direct wrath of Typhoon Hagupit. Unfortunately, we cannot say the same thing for the Guandong province which took a direct hit. But back to Macau, the early assessment is that the casinos and the projects under construction suffered no major damage. I had indicated yesterday that the construction projects were most at risk, but my Macau contacts said the developments survived relatively unscathed. Now if they could just get the visa situation fixed.