HONG KONG -- Macao casinos logged a strong first quarter following China's COVID reopening, but a crackdown on junkets is keeping high rollers away, sowing doubts over how quickly the gambling hub can return to pre-pandemic revenue levels.
Travel & Leisure
Macao casinos' reopening boost blunted by junket crackdown
Recovery in gaming pushes up revenue but high rollers stay away
Casino Lisboa in Macao is operated by SJM Holdings. First-quarter gaming revenue in the city got a boost from China's reopening, but uncertainties linger. © Reuters
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