COVID-19 Sends Macau Casino Revenue Plunging 88% in February

Macau casinos suffered a massive blow from COVID-19, the coronavirus that has infected thousands of people worldwide, after being forced to close for 15 days caused gambling revenue to plummet 87.8% from the year-ago period.

The Gaming Inspection & Coordination Bureau, Macau's local casino regulatory agency, said gross gambling revenue was just 3.1 billion Macau patacas, or the equivalent of $387 million. Last February, Macau casinos reported gambling revenue of 25.4 billion patacas. 

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Source Fool.com