Macau operator Galaxy Entertainment has seen Q1 adjusted EBITDA fall 93% year-on-year to HK$283m (US$36.5m).
This accompanies net revenue of HK$5.1bn for the quarter, a 61% fall.
With operations at Galaxy Macau, StarWorld Macau and Broadway Macau, Galaxy Entertainment has been particularly hit by this year's casino closures – but mainly falls in tourism and visitation numbers, as casinos in Macau were since reopened.
Galaxy Entertainment Chairman Dr Lui Che Woo said: "Q1 2020 has been a very difficult period for the community and businesses globally due to the COVID-19 pandemic.
“I would like to express my heartfelt thanks to everyone globally for their efforts and restraints during this period of time. In particular, I would like to acknowledge and thank all of the medical and emergency personnel for their efforts and sacrifice.
"At this point in time it is difficult to quantify the full-year financial impact of the virus, but it will have a material impact on our financial results and we cannot determine the duration of the pandemic."