Casino Mecca Macao to Begin Reissuing Tourist Visas
The Chinese enclave of Macao, essentially the Las Vegas of Asia, will begin issuing tourist visas anew this Wednesday. The reinstatement, announced by the Macao government Monday, will at first apply only to visitors from the neighboring city of Zhuhai on the Chinese mainland.
The COVID-19 pandemic has rocked the traditional casino business. Public health authorities have mandated closures of many casinos, which have suffered deep declines in revenue as a result. The enclave's latest official monthly figures show that gambling revenue plunged by almost 95% year over year in July.
Image source: Getty Images.
Source Fool.com
