Macao's Casino Stocks May Never Recover From COVID-19
Entertainment venues in the U.S. have opened and are running full speed ahead, with very few exceptions. The COVID-19 pandemic has certainly impacted business, but we don't see lockdowns and restrictions that bring entire operations to a screeching halt anymore.
The same can't be said for China and Macao, where lockdowns are still a regular occurrence. Casinos in Macao are coming off another lockdown, and it'll likely take months to get back to a normal level of activity, but even the "normal" of the last few years is nowhere near the pre-pandemic levels of operations.
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Source Fool.com
