Casino

Gov´t caps No. of gaming tables in casinos at 6,000, minimum income per table at MOP7 mln a year

Friday 26 de August 2022 / 12:18

⏱ 1 min read

(Macao).- The Macau government sets the maximum number of gaming tables across all casinos at 6,000 and the maximum number of gaming machines at 12,000, effective starting from the start of 2023, according to an executive order of Chief Executive published in the Official Gazette today (Friday).

Gov´t caps No. of gaming tables in casinos at 6,000, minimum income per table at MOP7 mln a year

In another CE order also published in the Official Gazette today, the government sets the minimum annual gaming revenue generated by each gaming table at MOP7 million (US$875,000), and the minimum annual gaming revenue generated by each gaming machine at MOP300,000.

These minimum requirements will also be effective starting from the beginning of 2023, the dispatch said.

The new gaming law, approved and implemented in late June, gives powers to the Chief Executive to determine the maximum number of gaming tables and gaming machines to be operated in the city, as well as the minimum amount of the revenue to be generated by each table and machine.

The law also states if the concessionaires cannot meet the minimum revenue requirements, they have to pay “a special premium” to the government to make up for the difference between the actual revenue generated by the tables and machines and the minimum amount.

According to the latest data from the Gaming Inspection and Coordination Bureau (DICJ), there were 6,006 gaming tables and 12,042 gaming machines in the city as of end-June.

The total number of gaming tables and machines in Macau were as many as 6,739 and 17,009 respectively in 2019 before the start of the COVID-19 pandemic, according to official data.

Categoría:Casino

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País: Macao