Macau casinos experienced an April slump
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Macau casinos experienced a slump in April. Their gross gaming revenues for April declined by over 68% year-on-year to hit a 19-month low of $331.19 million.
Macau casinos experienced an April slump. Their four-month aggregated gross gaming revenues plummeted by 36.1% year-on-year to just beyond $2.53 billion.
There are still restrictions on travel into and out of Macau due to the ongoing Chinese pandemic. The number of visitor arrivals into the former Portuguese enclave is expected to remain subdued.
There was a coronavirus outbreak in Guangzhou last week. This followed a similar eruption in Shanghai. Macau casinos experienced an April slump.
Macau casinos experienced an April slump. However, gross gaming revenue tallies in Macau may soon begin benefitting from the fact that the city's Coronavirus Response and Coordination Center relaxed border restrictions for those entering the territory from adjacent Guangdong Province.
