It means "unfortunately".
Posted by Bruce Kahl on November 11, 2001
In Reply to: Meaning request posted by bs on November 11, 2001
: more's the pity what does that phrase mean?
Your phrase is adverbial and means the same as "unfortunately".
For instance:
Did you pass the test?
More's the pity!, I flunked!
- It means "unfortunately". masakim 11/11/01