Puerto Rico casino revenue at 37 per cent less than last year

Puerto Rico casino revenue at 37 per cent less than last year

Article brief provided by G3 Newswire
  • Phil, G3 Newswire
January 22, 2021 3:15 AM
  • Phil, G3 Newswire

Revenues at Puerto Rico’s 16 casino were down by US$54m between July and December 2020 compared to the same period in 2019, as a result of restrictions due to COVID-19.

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Ismael Vega, General Manager of the Casino Metro at the Sheraton Convention Center, said: “This represents a drop of almost 37 per cent, which represents the situation we have been going through. This is not counting the fact that we had to close when the pandemic was declared in mid-March.”

She said that as well as the lockdown ordered by the government, which saw casinos close between July 11 and September 11, the results were affected by the 30 per cent capacity limit and the reduced hours of activity.