Sands China expects Feb casino revenue to hit USD 2.5B
Wednesday 14 de February 2024 / 12:00
⏱ 1 min read
(Macau).- Macau has the potential to generate up to MOP20 billion (US$2.5 billion) in gross gaming revenue this month amid soaring momentum in the tourism industry, Sands China’s Wilfred Wong has predicted.
The rosy picture was painted by Wong, executive vice chairman and executive director of Sands China, earlier this week on the sidelines of a Lunar New Year celebration for the casino operator’s properties.
According to Macao Daily News, Wong said that all hotels under Sands China were “fully booked” for the first few days of the week-long festival, which concludes this weekend.
He cited the recent estimate of 120,000 tourists per day made by the Tourism Office as a potential driver.
It is close to the 2019 level, he stressed.
In December last year, the average occupancy rate of hotel rooms rose by 43.1 percentage points year on year to nearly 86 per cent, as per the Statistics and Census Service.
Wong expressed his confidence that the tally for February could inch up further.
His prediction is in line with that of brokerage Morgan Stanley, which believes that February casino revenue could hit the MOP20 billion mark.
Categoría:Casino
Tags: Sin tags
País: Macao
Región: Asia
Event
GAT EXPO CARTAGENA 2026
24 de March 2026
NOVOMATIC drives the growth of the Colombian market at GAT Cartagena 2026
(Cartagena).- Following a standout participation at GAT Cartagena 2026, NOVOMATIC Gaming Colombia reaffirmed its leadership in the Latin American gaming industry by combining a strong technological showcase with the launch of linked progressive jackpots and active involvement in regulatory discussions shaping the future of the slot machine sector in the country.
Thursday 02 Apr 2026 / 12:00
Trade Associations and Governments in Latin America: The Gaming Sector Calls for Technical Dialogue and Regulatory Predictability
(Cartagena de Indias, SoloAzar Exclusive).- Cartagena de Indias was the stage for an intense debate on the role of gaming associations in shaping public policy, where regional leaders agreed on the need to strengthen dialogue with governments, warned about unilateral decisions that affect the sustainability of the industry, and proposed an evolution of trade associations into key technical actors in the region.
Wednesday 01 Apr 2026 / 12:00
Technology, AI and Traceability: Keys to the Future of Gaming at the GAT Expo Cartagena Suppliers Panel
(Cartagena de Indias, SoloAzar Exclusive).- Within GAT Expo Cartagena 2026, technology sector leaders analyzed the challenges and opportunities of the gaming industry during the panel “Innovation, Traceability and Control”.
Tuesday 31 Mar 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.