Macau reopens- expect rev to be 1% of 2019

[MinnesotaFats]

Macau casinos reopen with dim business outlook amid travel curbs

Restart may not stop Macau’s six licensed casino operators from burning through millions of dollars every day, as one forecast calls for gaming revenue this year to be 81% lower than 2019.

www.google.com

Restrictions in place

US casinos extending loans to Chinese properties

Gary Loveman (Ceasars CEO mid 00s) looks like a genius for passing on this.

 

[Tanko]

Doesn't look good fo those properties.
Covid restrictions in China are a biatch. I bet they pop back up again every few months with each new strain.