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Macau to Reopen After Covid Outbreak With Gaming Revenue at Record Low

  • Gaming income tumbles 95% in July on city-wide lockdown
  • City left in Covid Zero predicament as more curbs are eased
The Grand Lisboa casino hotel under lockdown in Macau on July 6.

The Grand Lisboa casino hotel under lockdown in Macau on July 6.

Photographer: Guo Kai/VCG/Getty Images

Updated on

Macau’s casinos suffered their worst month ever, with gaming revenue in July plunging to the lowest on record as the city cautiously eases Covid-19 curbs that have hammered the gambling hub.

Gross gaming revenue fell 95% to 398 million patacas ($49 million), the lowest since records began in 2009, according to the Gaming Inspection & Coordination Bureau. That’s better than analyst expectations for a 97% slump but is still 98% lower than pre-pandemic levels.