melco there as well.ave recovered off the lows casinos are bleeding money wynne is spending about $2.5 million a day on fixed costs, mostly salaries mgm daily costs $1.5 million banning tourists from other places like the philippines. the u.s. is barring anyone who has been to china in the last two weeks from entering the u.s. it is a blow to las vegas. the pimpact is so severe. it has withdrawn financial guidance for 2020. >>. >> caller: we look to calendar year 2020, we expect certain head winds that are unpredictable within a reasonable range of accuracy we are currently navigating an extremely fluid environment with the coronavirus which we are taking very seriously. >> joining me now, analyst and director covering gaming, lodging and leisure. you have a lot going on on your plate today? >> we do aside as you mentioned what we cover in global leisure. talk to me about what is happening and what has warned the risk of coronavirus puts into question credit worthiness questions about wynne resorts. >> th

melco has important casinos in philippines.analysts are getting ahead of themselves. >> it peaking in china or what's happening in other markets >> next u credit card debt rising to $930 billion according to the federal reserve bank of new york $930 billion with a b. some red flags serious delinquencies, those more than 90 days late now the highest they've been in almost eight years. no surprise, credit card stocks like mastercard and visa are trading near all time highs. but i want to point out in this same report we also saw that total household debt though it rose to 14 trillion for the first time, as a percentage of disposable income is at loss going back to 1980 >> the ability to carry the debt is higher. >> that's right. >> but debt leverage is always th next bottom finally a new move in the fight to tackle childhool stop runnin where's the under 12 crowd makes up 25% of the audience for television, and other measurable data unilever blog post citing the world health organization childhood obesity one of the most serious

melco resort's also now reassessing all of its investments are non-core investments, and a latest update said they are low -- no longer buying the second trench of shares from crown results in australia. here in hong kong, more bad news in the art scene. our battle is going to be canceling here in the city. it was supposed to be happening next month. organizers say it was due to health and safety concerns, international travel also a factor here. when it came to logistical challenges, they said it was going to be severe in terms of the buildup of this event, and when it came to the movement of art. i guess it was no surprise, a lot of art dealers were already calling for this event to cancel, but yet another hit to the tourism industry here. china correspondent selina wang and bloomberg anchor yvonne man, thank you for that. we have a headline crossing on the bloomberg terminal, to better now saying it's expanding its china output hold to february 16. toyota extending its china output hold to february 16. and be sure to keep up-to-date on this latest developments on the coronavirus story