Gaming operators set to up non-gaming investment as early as next year
Monday 04 de December 2023 / 12:00
⏱ 1 min read
(Macau).- Macau’s six gaming operators are on course to increase their pledged non-gaming investment by 20 percent as early as next year, the latest figures from the city’s casino watchdog suggest.
According to the Gaming Inspection and Coordination Bureau, Macau has accumulated up to MOP164.49 billion (US$20.44 billion) in gross gaming revenue over the past 11 months – about MOP15.51 billion shy of the MOP180 billion threshold required to validate the contractual condition.
Gaming revenue for November receded to MOP16.04 billion from a post-pandemic record set in October.
“It’s definitely within reach because December is traditionally better than November, and this time there are five weekends,” said gaming analyst Alidad Tash of 2NT8. “I think we are definitely going to hit it.”
The contractual condition was first disclosed to the public late last year in company filings to the Hong Kong Stock Exchange.
In its budget for 2024, Macau authorities predict that casinos will generate an annual sum of MOP216 billion in gross gaming revenue next year – a recovery that is sufficient to lead the government back to a financial surplus.
“It’s going to happen, even next year. The government number is MOP216 billion, which already exceeds the MOP180 billion required to trigger this. It’s just a matter of formality,” Tash added.
The six gaming companies committed themselves last year to MOP108.7 billion to develop non-gaming offerings and expand the international market in order to secure licences to continue their operations for another 10 years.
It accounts for the majority of the total investment pledged by them. Each of them has already been entrusted with taking care of the revitalisation of a culturally significant district of Macau.
Categoría:Gaming
Tags: Sin tags
País: Macao
Región: Asia
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
At PGS 2026, MINCETUR Explained How to Handle a Regulatory Inspection: Rights and Obligations for Compliance
(Lima, SoloAzar Exclusive).- As part of Peru Gaming Show (PGS) 2026, one of the most important gaming industry events in Latin America, José Luis Pérez, Director of Organization and Registration at MINCETUR’s General Directorate of Casino Games and Slot Machines, delivered a conference for land-based gaming operators. During his presentation, he explained the rights and obligations of license holders during regulatory inspections, detailed how inspectors carry out their duties, and emphasized the importance of fostering a strong culture of compliance to strengthen the regulated market.
Tuesday 07 Jul 2026 / 12:00
Reusable Identity and Smoother Access: JUMIO’s Approach at Peru Gaming Show 2026
(Lima, SoloAzar Exclusive).- Peru Gaming Show (PGS) 2026 hosted the conference “Reusable Identity: Less Friction, More Play – How to Simplify Player Access,” led by Pilar Pereira, Director of Strategic Alliances at JUMIO. She explained how the evolution of digital identity is transforming user experiences on online betting platforms amid strong global growth in the sector.
Friday 03 Jul 2026 / 12:00
Andres Troelsen: "Peru remains one of EGT Digital's strategic markets in LATAM"
(Lima, SoloAzar Exclusive).- Following his participation in the Peru Gaming Show, Andres Troelsen, Regional Sales Director LATAM of EGT Digital, reflects on the company's priorities in the region, the evolving demands of operators, and the opportunities emerging across the Latin American gaming market for EGT Digital.
Friday 03 Jul 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.
