MACAU: Macau’s casino industry suffered its worst monthly downturn on record in February after city-wide closures aimed at stopping the spread of the deadly Covid-19 coronavirus. Takings for the month plunged 87.8 per cent from the previous year, according to figures released by gaming authorities late on Sunday. Macau has recorded only 10 Covid-19 infections and has not detected any new cases for a month. Macau’s government has been keen to ensure the casinos keep employing staff through the downturn and are trying to avoid lay-offs. Macau depends almost entirely on gaming revenue, raking in more in a single week than Las Vegas makes in a month.

Source: New Strait Times March 02, 2020 09:00 UTC