In COVID closedown, Macau casinos take billion-dollar hit holding out for new licences ...Middle East

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In COVID closedown, Macau casinos take billion-dollar hit holding out for new licences
source : Devdiscourse ( Middle East ) () 60
In the glitzy dealing rooms of Macau's silenced casinos, the house is down billions of dollars, but can't afford to fold its hand in the world's biggest gambling game. A COVID-19 outbreak has meant full-scale closure for the former Portuguese colony's six casinos - the only places in China where gambling is legal. Even prior to their closure on July 11, analysts estimated the casinos were burning through some $600 million each month because of COVID restrictions.

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