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.

Image source: Getty Images.

Source Fool.com