Macau's gaming revenues tumble 94.5% in July on coronavirus impact


HONG KONG, Aug 1 (Reuters): Gambling revenue in Macau plunged 94.5% in July year-on-year, with casinos reeling from a lack of visitors in the world's biggest casino hub despite a loosening of quarantine restrictions which have seen only a modest rise in gamblers.

July's figure of 1.3 billion patacas (US$162.89 million) was in line with analysts' expectations of a drop of around 95 per cent.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

Casino licence for Forest City a 'lie', says Anwar
The dominance of the EPL brand with football fans in South-East Asia - and it will continue to soar say legends from Man Utd and Liverpool
Oil steady as market weighs US demand concerns, Middle East conflict risks
Apple still leads high-end smartphone sales in China, but Huawei and Honor are catching up
Brave China ‘cancer warrior’ dies two days after 25th birthday, final wish to find brother a girlfriend left unfulfilled, leaves netizens devastated
Thai police hunting down two Japanese suspects in Bangkok murder-dismemberment case
Scorned lover reveals Aliff Aziz’s text messages: badmouthing wife Bella, merely acting at divorce hearing
US Senate passes bill to force ByteDance to sell TikTok or face a ban of the app
What next for TikTok in the US?
Copter tragedy: Able Seaman Joanna Felicia Rohna laid to rest

Others Also Read