Macau has started reissuing tourist visas to bring gamblers back and keep casino operators from losing $15 million daily in expenses.
The coronavirus lockdowns brought a severe downturn to the number of Macau's visitors that turned the world's biggest gambling hub into a ghost town.
Macau will restore visas for mainland China coming in as individuals or part of group tours in phases.
Zhuhai is the first Chinese city to be issued tourist visas.
Visitors from the mainland account for over 90 percent of Macau tourists, home to major casino operators such as Wynn, MGM, Sands, and Galaxy.
Authorities have not yet announced when the visas will be made available to tourists outside China.
According to China's National Immigration Administration, the opportunity to visit Macau will gradually be rolled out to the rest of the country in August and September.
Macau casino operators usually get revenues five times that of the Las Vegas Strip, mainly driven by Chinese demand.
China has lifted its two-week quarantine rule for Macau travelers upon across the country.
Macau, which has just 46 cases of coronavirus infections with no deaths, is heavily reliant on the tourism and gaming industry, which shrank 49% in the first quarter.


Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Australia’s December Trade Surplus Expands but Falls Short of Expectations
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 



