People stand near Casino Lisboa amid the Covid-19 outbreak in Macau on July 4, 2022. Photo: Reuters
People stand near Casino Lisboa amid the Covid-19 outbreak in Macau on July 4, 2022. Photo: Reuters
Macau

Macau casinos reopen with dim business outlook amid travel curbs, as outlook for year calls for 35 per cent revenue drop

  • Restart may do little to stop Macau’s six licensed casino operators from burning through millions of dollars of cash every day
  • The city’s gaming industry may only collect $7 billion this year, a 35% drop from last year and 81% lower than 2019

People stand near Casino Lisboa amid the Covid-19 outbreak in Macau on July 4, 2022. Photo: Reuters
People stand near Casino Lisboa amid the Covid-19 outbreak in Macau on July 4, 2022. Photo: Reuters
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