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Travel & Leisure

Macao casino operators post losses topping $2bn as COVID bites

Dim hopes for rebound before 2023 as gaming hub hit by virus restrictions

Macao was locked down for nearly two weeks in July as health officials in the gaming hub battled its worst COVID-19 outbreak of the pandemic.   © AP

HONG KONG -- Macao's embattled casino operators have racked up half-year losses topping $2 billion as crowds vanish from a gambling enclave stung by China's zero-COVID policy.

The eye-watering shortfall comes as archrival Las Vegas sees business roaring back to life as the U.S., like most countries, drops virus measures.

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