Macau has been registering impressive gains in revenue for the last few years but coronavirus pandemic has brought a screeching halt to its casino and gambling revenues.

Online gambling and betting on games could flourish as many people would prefer to avoid going for live events and in casinos.

Many business segments are facing tough times due to cornavirus pandemic but market experts suggest that we might see more pain in near future.

Sports betting industry is facing major revenue loss due to COVID-19 lockdowns and cancellation of sports events.