HONG KONG -- Macao's gaming revenue plunged in the first half of the year, and the pain is set to deepen as operators hemorrhage cash while the casino hub battles its worst COVID-19 outbreak.
Turnover at the city's gambling tables dropped nearly 47% on year to MOP26.2 billion ($3.2 billion) between January and June, according to Macao's Gaming Inspection and Coordination Bureau (DICJ), putting full-year revenue on track to come in even lower than the $10.7 billion in 2021 and $7.4 billion in 2020.