This story was published more than 1 year ago.
The Asian gaming enclave of Macau continued to suffer from the Covid-19 pandemic, as gaming revenues for the month of May dropped 93% from last year.
The former Portuguese colony took in MOP1.76 billion patacas, which while down from last year, was up more than double from April. The island was forced to close their casinos down in February and March, and is just now starting to re-open to draw in customers from the Chinese mainland.
For the year to date, revenues are down 73.7% from last year, with MOP33 billion having brought in. Most of that total remains from January, which saw a slowdown in visitors due to the virus, but not the total shutdown that was implemented.
The interesting totals will be for June, as things continue to open up.
We'll be sure to update readers on financials at the start of the next month.