Macau casino revenue drops 11.3 percent in Jan as coronavirus worries mount

Gambling revenue in the Chinese territory of Macau dropped 11.3 percent in January year-on-year, with the world’s biggest casino hub a near ghost town after authorities announced a raft of measures to keep visitors away and contain a fast-spreading new coronavirus. January’s figure of 22.1 billion patacas ($2.76 billion) was worse than analyst expectations of a drop of around 2 percent – estimates that were made prior to the implementation of visitor restrictions last week. …read more

Source:: Yahoo Finance

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