January 5，Reportedly，4th day of the day，Egyptian Minister of 188bet and Antiquities Khalid Al-Anani stated，Egypt’s 188bet revenue in 2020 was US billion，188bet revenue dropped by nearly 70% from over 13 billion US dollars in 2019；A total of 3.5 million foreign tourists visited Egypt in 2020，Down 73% from 13.1 million in 2019。

The Egyptian 188bet Authority stated earlier，Among foreign tourists visiting Egypt in 2020，65% travel to Egypt in January or February。

Pointed out by Khalid Anani，The occupancy rate of Egyptian hotels in 2020 is only about 10% of that in 2019。The Egyptian Ministry of 188bet has signed a contract with a foreign company，A new strategy will be developed to promote the development of Egypt’s 188bet industry in 2021。

188bet is one of the pillar industries of the Egyptian economy。According to the International Travel and 188bet Association report，The 188bet output value accounts for 13% to 15% of Egypt’s gross domestic product (GDP)，Directly or indirectly created 12% of the country’s jobs。

After the outbreak of the new crown epidemic，Egyptian government adopts curfew、Close beaches and hotels、Close museums and archaeological sites、Suspension of international flights and other measures，Having a serious impact on Egypt’s 188bet industry。Official statement shows，During the travel ban period，Egypt’s 188bet industry loses at least US billion every month。According to industry estimates，Egypt’s 188bet industry may begin to recover in March 2021，But total revenue will still be less than 2019。

*This article comesSource: Xinhua Finance，Author: Yan Jing、Yang Yiran、Yu Fuqing，Original title: "Egypt’s 188bet revenue plummeted by nearly 70% in 2020 compared with the previous year》.