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Macao Gambling Revenue Spikes 136% in February

Macao Gambling Revenue Spikes 136% in February

Macao casinos saw a massive 136% surge in gambling revenue in February, and though it's a hopeful sign of recovery, it's actually not all that impressive. It only points to how bad the situation was last year as the COVID-19 pandemic shut down casinos for two weeks. In fact, on a sequential basis, gambling revenue was down 9% from January.