Macao casino revenue plunges 51% to 18-year low amid zero-COVID

Territory poised for recovery from 2022 slump as China eases pandemic curbs

20230104 Macao tourists RC2MFY92C6J8

The Grand Lisboa casino in Macao. The Chinese territory is one of the world's largest gambling hubs. © Reuters

TAKESHI KIHARA, Nikkei staff writer

HONG KONG -- Casino revenue in Macao fell 51% to an 18-year low in 2022, as Beijing's zero-COVID restrictions kept away tourists from mainland China.

Sponsored Content

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