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Macao's gambling industry, a key pillar of its economy, has taken a beating from COVID and a crackdown on VIP bettors.   © Reuters
Business Spotlight

Macao gambles on diversification after crackdown on high rollers

VIP rooms out, vanilla tourism in as city seeks to steer economy in new direction

PAK YIU, Nikkei staff writer | Macao

MACAO -- Chinese tourists are once again streaming into the gambling enclave of Macao, breathing life back into the centuries-old neighborhoods that lay quiet during three years of COVID restrictions. Taxis are now nearly impossible to flag and restaurant reservations are a must.

Inside the glitzy casinos such as the Venetian and Casino Lisboa, players crowd around the dozens of baccarat tables that sat empty throughout the pandemic.

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