Macau’s gross gaming revenue fell 94.5% year-on-year to MOP 1.344 billion (US$168 million) in July.
gaming
The Macao government lifts its casino entry ban on all those who have been in Hubei province within the past 14 days.
The funeral of Macao gaming magnate Stanley Ho Hung Sun will be held in Hong Kong on July 10.
Gaming operator Melco Resorts & Entertainment Limited reported on Wednesday an operating loss of US$149.9 million for the first quarter of this year, compared with operating income of US$191.1 million in the same quarter of last year.
The government’s receipts from gaming taxes fell 47.9% year-on-year to MOP 20.5 billion (US$2.56 billion) in the first four months of the year, the Financial Services Bureau (DSF) announced today.
Chief Executive Ho Iat Seng today ruled out a tax cut for Macau’s gaming operators.
A total of 3,100 gaming tables have resumed operation since the reopening of casinos in February, representing 46% of the total number of tables.
Macau’s gross gaming revenues fell 87.8% year-on-year to MOP 3.1 billion last month.
US gaming company MGM Resorts International said this week that it is currently losing US$1.5 million (12 million patacas) a day in Macau.
