Macau’s gaming revenue falls 94.5% in July as visa ban thwarts recovery Jinshan Hong, Bloomberg · August 2, 2020 at 1:40 am Macau gaming revenue plunged by more than 90% for a fourth straight month, as China’s ban on tourist visas continued to deprive the gambling hub of its biggest source of clients. Gross gaming revenue was 1.34 billion patacas ($168 million) in July, down 94.5% from a year earlier, according to data from the Gaming Inspection & Coordination Bureau. It was in line with the median analyst estimate of a 95% decline and follows a record 97% drop in June. Las Vegas Sands, Wynn Resorts and MGM Resorts International operate casinos in Macau. A recovery in Macau has been stalled as the coronavirus shut borders, preventing casual gamblers as well as high-stakes players from the mainland from reaching the city’s casinos. Gaming revenue has dropped for 10 straight months, hurt by additional headwinds including the weakened Chinese economy.