HONG KONG -- Macao's casino revenue plunged 79% in 2020 as tough entry restrictions to combat COVID-19 kept visitors away, bringing into relief the strong dependence on gamblers from mainland China.
Facilities reopen, but pandemic-related restrictions hinder business
The Casino Lisboa in Macao in December 2019. The territory's gaming industry has been hit hard by a drop in visitors from outside its borders. © Reuters
HONG KONG -- Macao's casino revenue plunged 79% in 2020 as tough entry restrictions to combat COVID-19 kept visitors away, bringing into relief the strong dependence on gamblers from mainland China.