Casinos in Macau Are Facing Diffucilties Ahead the Year End
Casinos in Macau suffered their worst month of the year in October, with the world's largest gambling centre reporting a 40% drop in gaming revenue following a pandemic-related travel stop and uncertainty around increased government regulation of the business. According to the Gaming Inspection and Coordination Bureau, gross gaming income fell to 4.37 billion patacas ($545 million), the lowest monthly figure this year. Even so, it was better than the consensus expert forecast of a 42 percent drop year over year. Revenue dropped 26% from the previous month and was down 83 percent from