Macau casinos really took it on the chin in April as gaming revenue slid nearly 97% year-on-year to a new record low.

Figures released Friday by Macau’s Gaming Inspection and Coordination Bureau (DICJ) show the state’s casino operators generated combined revenue of just MOP754m (US$94.4m) in April, a stunning 96.8% decline from the same month last year, and barely one-sixth of the sum the casinos generated in March 2020.

Incredibly, Macau’s April total was barely one-quarter of February’s MOP3.1b, and that month saw all casinos closed for 15 days as the local government attempted to minimize further spread of the COVID-19 coronavirus.

While the casinos eventually reopened with diminished gaming capacity, borders closed between Macau and some of its major feeder markets. Most damaging was a 14-day quarantine policy imposed in Guangdong, China’s closest and most populous province, from which Macau derives the bulk of its visitors.