Macau’s gambling revenues drop 65.8% in December, 79.3% in 2020


Investing.com - Financial Markets Worldwide

No results matched your search

Economy8 hours ago (Jan 01, 2021 02:10AM ET)

© Reuters. A general view shows casinos and hotels following the coronavirus outbreak in Macau
© Reuters. A general view shows casinos and hotels following the coronavirus outbreak in Macau

HONG KONG (Reuters) – Gambling revenue in Macau plunged 65.8% in December year-on-year, a less severe drop than in recent months as the world’s largest casino hub saw a pick-up in visitors from its key market – mainland China.

December’s revenues were 7.8 billion patacas ($976.71 million), according to data released by Macau’s government on Friday.

Gambling revenues for the full year dropped 79.3%, reflecting the hit from the coronavirus pandemic which prompted widespread travel restrictions. ($1=7.9860 patacas)

Related Articles

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read More

Spread the love
Nicholas ‘Nick’ Statman entered the property industry in 2001 and set up a property buying company that quickly established itself as one of the biggest in the sector. During this time the Company successfully transacted on thousands of residential properties across the UK. Nicholas Statman was an early pioneer of the ‘quick sale’ niche market which has since grown considerably with a multitude of companies now operating in the sector. Nicholas Statman has strategically built a sizeable residential and commercial property portfolio with a view to holding for optimum capital growth and a long term passive income. Nicholas Statman has been involved in almost every aspect of the property sector over a 20 year period – this includes buying and selling, development, letting and management and is now involved in the fast growing online/ hybrid Estate Agent industry.

Latest articles

Tom Brady’s former Patriots teammates praise him following NFC...

Tom Brady's former Patriots teammates praise him following NFC Championship win: 'This man is all the GOATS'  Fox NewsWhy a Brady-Mahomes Super Bowl matchup is ultimate torture for Miami and Dolphins fans | Opinion  Miami HeraldTom Brady's parents contracted COVID-19, father hospitalized at start of Buccaneers' season  Yahoo SportsTom Brady's wife Gisele Bündchen, ex Bridget Moynahan celebrate his…

Jim Cramer: GameStop short squeeze cannot bring down the...

Jim Cramer: GameStop short squeeze cannot bring down the overall market  CNBC TelevisionGameStop jumps amid retail frenzy, shares double at one point in wild trading  CNBCJim Cramer on GameStop's jump  CNBC TelevisionCould GME Stock Still Be a Good Buy Today?  InvestorPlaceThe GameStop Game Never Stops  BloombergView Full Coverage on Google News

Facebook users’ phone numbers are for sale through a...

Facebook users’ phone numbers are for sale through a Telegram bot  The VergeA Telegram Bot Is Selling Stolen Facebook User Info for $20 a Pop  GizmodoBot Lets Hackers Easily Lookup Facebook Users' Phone Numbers  VICEHackers can easily look up your phone number from Facebook using cheap bot  The IndependentView Full Coverage on Google News

Senate Confirms Janet L. Yellen as Treasury Secretary

Senate Confirms Janet L. Yellen as Treasury Secretary  The New York TimesJanet Yellen is confirmed as the first female Treasury secretary in US history  CNNSenate confirms Yellen as first female Treasury secretary | TheHill  The HillJanet Yellen Confirmed By Senate, Becoming First Woman To Head Treasury  NPRFrance's Le Maire Says New Lockdowns Threaten Growth Target  BloombergView Full Coverage on Google…

Similar articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Subscribe to our newsletter

Spread the love