Asia Casino

Asia Casino

Pandemic-driven tourism slump is bad luck for Macau’s casinos

Gross gambling revenue last month fell to $554 million, the lowest monthly total so far this year and a mere fraction of the $3 billion per month averaged recorded in 2019, according to the Wall Street Journal.
Macau is a major source of revenue for some of the world’s largest casino operators, including U.S.-based Wynn Resorts, MGM Resorts and Las Vegas Sands, who all operate casinos there.

Source: https://therealdeal.com/2021/09/05/pandemic-driven-tourism-slump-is-bad-luck-for-macaus-casinos/?utm_source=internal&utm_medium=after_article&utm_campaign=related_article