Macau casino revenue plunges as Covid-19 takes it toll on economy

A general view of Macau city from the observation deck of Macau Tower on the night of May 1. Macau's gaming revenue was virtually wiped out in April 2020 as casinos suffered their worst month on record owing to measures put in place to prevent the spread of coronavirus in the tourist-dependent city. - AFP

HONG KONG: Macau's gaming revenue was virtually wiped out in April as casinos suffered their worst month on record owing to measures put in place to prevent the spread of the Covid-19 (coronavirus) pandemic in the tourist-dependent city.

Gross gaming revenue wasUS $95 million last month, official data showed -- a drop of 97% from the $3 billion raked in during April 2019.