90 Percent Decline for Macau Casinos Due to Coronavirus?
The gaming sector has been hit especially hard by the spread of the Coronavirus and nowhere is this more evident than in Macau, one of the world's largest casino hubs. Casinos and other establishments had been shut down for multiple days during the month of February. Most resumed operations effective February 20 but the damage was already done...and likely continues. - Gilbert Horowitz, Gambling911.com
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#Macau’s monthly gaming revenue is set to decline by 90% YoY in Feb. (median forecast) after casinos in the world’s biggest gambling hub were closed for an unprecedented 15 days in an attempt to help contain the spread of the deadly #coronavirus - Bloomberg pic.twitter.com/q5vpN3E3mc
— Christophe Barraud (@C_Barraud) February 27, 2020