Macau's gambling revenues fall 72.5% y-o-y in October
Gambling revenue in Macau plunged 72.5% in October year-on-year due to the impact of COVID-19-induced travel restrictions. The figure, released by Macau’s government on Sunday for October stood at around $914 million, was in line with analyst expectations of a 72%-74% drop. Gambling revenues have dropped since February, with the last six months posting an over 90% drop.