Hong Kong — Casinos in Macau, the Chinese territory that’s the world’s biggest gambling hub, reported a record drop in gaming revenue, as they grappled with the cost of closing down their businesses for 15 days to help contain the deadly coronavirus outbreak.

Gross gaming revenue was 3.1-billion patacas ($386m) in February, down 87.8% from a year earlier, according to data from the Gaming Inspection & Co-ordination Bureau. In a survey, analysts had predicted a median 90% slide...

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