HONG KONG - Gambling revenue in Macau plunged 94.5 per cent in August year-on-year with casinos reeling from a lack of visitors to the world's biggest casino hub, despite a loosening of quarantine restrictions which have only seen a modest rise in gamblers.
Residents from the neighbouring coastal province of Guangdong have already been permitted to apply for visas in August but visitor numbers have not increased significantly. The subdued visitation adds to a list of hurdles for the former Portuguese colony, already hobbled by slowing economic growth, Sino-U.S. tensions and coronavirus lockdowns.
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