News Snapshot:
Gaming | Macau awaits travel recovery as August revenue falls 95% - 2 427 Views Macau casinos suffered further pain as gaming revenue dropped more than 90% for the fifth straight month in August, with executives awaiting a recovery after China’s gradual relaxation of travel and visa restrictions. Gross gaming revenue was 1.33 billion patacas ($167 million) in August, down 94.5% from a year earlier, according to data from the Gaming Inspection and Coordination Bureau. That was in line with the median analyst estimate for a 93% decline, as reported by Bloomberg over the weekend. Year-to-date revenue now amounts to...
