Gaming operators set to up non-gaming investment as early as next year
Monday 04 de December 2023 / 12:00
2 minutos de lectura
(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
SiGMA Central Europe
03 de November 2025
NOVOMATIC Italia showcases innovation and responsible growth at SiGMA 2025
(Gumpoldskirchen/Rome).- NOVOMATIC Italia took center stage at SiGMA Central Europe 2025 in Rome (November 4–6), a premier international event for the gaming and digital technology industry. The Group highlighted ADMIRAL Pay, its Bank of Italy–authorized payment institution, alongside Quigioco, its online gaming brand, presenting a forward-looking and sustainable vision for the future of payments and digital entertainment.
Wednesday 12 Nov 2025 / 12:00
SiGMA Central Europe 2025 Closes First Edition with High Attendance and Roman-Inspired Experiences
(Rome, Exclusive SoloAzar) - The first edition of SiGMA Central Europe in Rome came to a close, leaving a strong impression on the iGaming industry. With thousands of attendees, six pavilions brimming with innovation, and an atmosphere that paid homage to Roman history, the event combined spectacle, networking, and business opportunities. It also yielded key lessons for future editions.
Friday 07 Nov 2025 / 12:00
Innovation, Investment, and AI Take Center Stage on Day 3 of SiGMA Central Europe
(Rome, SoloAzar Exclusive).- November 6 marks the final and most dynamic day of SiGMA Central Europe 2025, with a packed agenda that blends cutting-edge tech, startup energy, and investor engagement. With exhibitions, conferences, and networking opportunities running throughout the day, Day 3 promises to close the event on a high note.
Thursday 06 Nov 2025 / 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.