According to Moody’s, there will be a long-rebound period for the Asia-Pacific gambling industry after the coronavirus pandemic. The credit rating company expects earnings in Singapore, Macau, and other parts of the region to remain depressed. Macau casinos are still closed, and their revenue dropped by 90 percent for three straight months. Also, China doesn’t […]
The total number of Macau visitor count dropped 95.6 percent year-over-year in February 2020. That is according to the latest Statistics and Census Service report. Also, the drop in the number of visitors was due to the coronavirus pandemic. Macau banned all travelers from overseas and imposed a 14-day quarantine on all locals coming back […]
Officials asked all 41 Macau casinos to be closed for at least two weeks. The move is to prevent the spread of coronavirus in the city. However, it will have a significant impact on the city’s economy. Also, casino operators will lose millions during the time they can’t operate. According to bookie PPH records, ten […]
According to the latest reports, Macau got most of its casino gross gaming revenue in 2019 from mass play. It is the result of the stable development of the segment. The new Secretary of Economy and Finance Lei Wai Nong released the report to local media last Friday. Lei is part of the new Chief […]
Macau casino revenue fell 8.5 percent in November year on year to $2.8 billion. Experts blamed the drop to headwinds affecting the gambling industry in the territory. It is the sharpest drop in a year that has suffered a downward trend for the year seven months. Also, revenue is already down 2.4 percent so far […]
The Gaming Inspection and Coordination Bureau reported they received more requests for Macau casino self exclusions in the first half of 2019 compared to the previous year. According to official reports, authorities received a total of 291 requests. In the same period in 2018, there were 233 requests. In the six months ending on June […]
