Drop in gaming and gambling revenues in Macau due to Covid-19 within expected parameters

3 April 2020

The drop in gross revenues from gaming in Macau is within expected levels, taking into account the effects of the current Covid-19 epidemic, said on Thursday the Secretary for the Economy and Finance, Lei Wai Nong, after a plenary meeting of the Permanent Council for Social Dialogue.

The Secretary emphasised that gross gaming revenue in March was 5.200 billion patacas, noted that the current measures for the prevention and control of the epidemic are very effective and added that the next phase could be to attract customers so that the revitalisation of the economy can start gradually.

Lei Wai Nong, when asked about redundancies in the gaming sector, said that the six concession holders had kept jobs, and that there had possibly been one-off cases where rules were broken by workers.”

The secretary called for everyone to face this period of difficulties together and added that, according to the current law, casinos must be open 24 hours a day, and the government has not set out any temporary suspension measures. (macauhub)