Macau Jockey Club permanently cancels plan to reduce prize money
Thursday 30 de November 2023 / 12:00
2 minutos de lectura
(Macau).- The Macau Jockey Club (MJC) has permanently withdrawn a plan to reduce the prize money it offers its trainers and jockeys.
In a written statement sent to Inside Asian Gaming this week in response to questions, MJC said it has “decided to follow good advice and cancel the adjustments to the prize money and the schedule of the event.
“MJC will pay close attention to the valuable opinions of horse owners and employees and work together to promote the development of the horse racing industry.”
As previously reported by IAG, MJC recently announced plans to reduce prize money by 30% due to “below expectation betting turnover” in recent years but was forced to postpone any such reduction after trainers and jockeys threatened to strike.
Some MJC staff had also penned an open letter to management noting that trainers and jockeys rely on such prize money for their income, and that any downward adjustment would have an “extremely serious impact on their livelihood, coupled with the fact that all the staff concerned are the mainstay of their family’s livelihood and income, making the situation a very serious one.”
This latest decision by the MJC to permanently suspend the prize money reduction comes despite it having reported in June accumulated losses of MOP$2.1 billion (US$260 million) through 2022, representing an increase in losses of around MOP$200 million (US$25 million) over the previous 12 months.
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.