Macau casinos are not hitting the jackpot
Open throughout March but hit by travel restrictions, the autonomous region’s revenues are down about 80% due to the coronavirus
01 April 2020 - 12:07
Hong Kong — Gambling revenue in Macau plunged 79.7% in March year on year, the government said on Wednesday, as casinos reeled from a lack of visitors after the world’s biggest casino hub ratcheted up curbs to battle the coronavirus pandemic.
Operators Wynn Macau, Sands China, MGM China, Melco Resorts, SJM Holdings and Galaxy Entertainment are all bleeding between $1.5m and $4m a day to keep their properties running...
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