News Snapshot:
Gaming revenue in Macau plunged 21% in January from a year earlier. Casinos in the Chinese enclave were hit both by the ongoing Covid-19 impact in tourism, and a crackdown from mainland China on the junket market, including the recent arrest of the two largest junket operators' bosses. According to figures posted by the Gaming Inspection and Coordination Bureau , gross gaming revenue in the world’s largest gaming hub was 6.3 billion patacas ($784.7 million), reports Bloomberg. While notably down from a year earlier, the results were still better than what was expected by analysts: the median estimate was a...
