Macau casino earnings plunge 88% after virus-triggered closures | The Malaysian Insight

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Macau casino earnings plunge 88% after virus-triggered closures

Macau depends almost entirely on gaming revenue, raking in more in a week than Las Vegas makes in a month. – EPA pic, March 2, 2020.

MACAU’S casino industry suffered its worst monthly downturn on record in February after citywide closures aimed at stopping the spread of a deadly new coronavirus. The former Portuguese colony took the unprecedented step of shutting down almost all of its lucrative entertainment sector early last month, including casinos, nightclubs and many bars.

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