ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Media & Entertainment

Macao casino operators swimming in red ink due to COVID

Customers dried up but operation costs remain high; six companies all have net losses

HONG KONG -- Casino operators in Macao are drowning in a sea of red ink as the coronavirus pandemic decimates sales while operating costs remain high.

The six companies authorized to operate gambling in Macao all reported a net loss for the first half of this year, raising concerns about the future of the industry, the lifeblood of the Chinese territory's economy.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more