The mecca of gambling Macau hosts millions of casino and gambling-related tourists every year. While the city makes most of its revenue from the gaming industry, there is always a risk of locals getting heavily involved in gambling activities.
However, recent research reveals that the number of local people gambling and suffering from compulsive gambling issues has been declining. According to Macau’s Social Welfare Bureau (IAS)those who are affected by a gambling disorder has been “continuously declining” this year.
The study was conducted by the Institute for the Study of Commercial Gaming (ISCG) of the University of Macau (UM), the authority said in its statement.
The study was conducted from May 18 to June 8 and saw 2,003 residents aged 18 or above participating.
The findings reveal that about 40.9 percent of the respondents did participate in gambling activities over the past 12 months. However in a similar survey conducted in 2016, 51.5 percent of respondents said that they participated in gambling activities.
Moreover, as per the Social Welfare Bureau’s statement, only 16 among the 2,003 residents demonstrated signs of gambling disorders. It said that the number of residents affected by a gambling disorder fell from 2.50 percent in 2016 to 0.8 percent this year.
Macau’s casino gambling industry is struggling. According to the latest figures released by Macau’s gambling regulator, the casinos in Macau managed to post a positive result after two months of consecutive decline. Macau casinos made MOP22.08bn ($2.73bn) in revenue for September. The figure represents a nominal 0.6% year-on-year for the month.