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.


Denmark Central Bank Intervenes to Support Krone Peg Against Euro
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence
China 618 Smartphone Sales Drop 13% as Higher Prices Hurt Demand, Huawei Gains Market Share
Dollar Rebounds as Euro, Pound Slip Ahead of Fed Minutes, Yen Near Intervention Zone
Oil Prices Slip as OPEC+ Boosts August Output, Oversupply Concerns Weigh on Crude Market
New Zealand Consumer Confidence Rises in June as Inflation Expectations Ease
Gold Price Drops as Strong Dollar and Fed Rate Outlook Weigh on Bullion
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch
US Stock Futures Rise as Investors Eye Fed Minutes, AI Stocks, and Q2 Earnings
Oil Prices Steady as U.S.-Iran Peace Talks Ease Strait of Hormuz Supply Fears
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027
Goldman Sachs Flags 3 Key Risks Ahead of Europe’s Earnings Season
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble
Gold Price Today: Gold Slips as Dollar Rebounds Ahead of Fed Minutes
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears 



