Macau's July casino revenues dry out

Business | 1 Aug 2020 1:38 pm

Gambling revenue in Macau plunged by 94.5 percent 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.

July’s figure of 1.3 billion patacas (US$162.89 million) was in line with analysts’ expectations of a drop of around 95 percent, Reuters reports.

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