Gambling revenue in Macau plunged 96.8% in April year-on-year, with casinos reeling in the world's biggest casino hub as authorities imposed a raft of measures to keep visitors away to contain the coronavirus outbreak.
FILE PHOTO: A general view shows the Venetian Macao casino and hotel, following the coronavirus outbreak in Macau, China February 5, 2020. REUTERS/Tyrone Siu
HONG KONG - Gambling revenue in Macau plunged 96.8% in April year-on-year, with casinos reeling in the world’s biggest casino hub as authorities imposed a raft of measures to keep visitors away to contain the coronavirus outbreak. April’s figure of 754 million patacas was more or less in line with analyst expectations of a drop of around 95%.Our Standards:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The 26 Best Things Fashionista Editors Bought in AprilThis month, we're purchasing clothes and accessories that remind us of happier times.
Read more »
Fed support fuels corporate debt spree in AprilIssuance of investment-grade corporate debt in April so far has hit $203.4 billion, slightly below March's record, buoyed by the Federal Reserve's unprecedented intervention into credit markets to blunt the economic effects of the coronavirus pandemic.
Read more »
April 29 US coronavirus news - CNNFormer Goldman Sachs President and CEO Gary Cohn says weeks of stay-at-home orders may have drastically altered consumer habits, at least in the short-term
Read more »
China says its manufacturing activity expanded slightly in April, but missed expectationsThe manufacturing data comes as lockdowns and movement restrictions to contain the coronavirus began to ease in China.
Read more »