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Macau Casino games dominate local gaming industry

A slot machine used for training stands at the Macao Polytechnic Institute (MPI) Gaming Teaching and Research Centre in Macau, China, on Tuesday, June 18, 2013. Casino revenue in Macau, the only place in China where casino gambling is legal, rose 14 percent to a record of 304 billion patacas ($38 billion) in 2012. Photographer: Lam Yik Fei/Bloomberg

A report released by the economic diversification of Macau in 2017 by the Statistics and Cenus Bureau found that the gaming industry was dominated by games of Chance or games that are played within casinos, which comprises 99 percent of gross gaming revenue.

GGR coming from games of chances amounted to MOP265.4 billion in 2017, up by MOP42.35 billion in 2016.

Revenues from Sports Lotteries, horse racing and greyhound racing. Chinese Lottery, instant Lottery and so on amounted to MOP864 million in 2017.

This was lower than the peak years between 2012 and 2014, for which VIP gaming had compromised over 60 percent GGR.

The diversification of activities (accommodation and food)  provided free of charge or at the discounts by the Gaming concessionaires amounted to MOP 19.33 billion. While recipients from gaming activities stood at 265.44 billion.

Total receipts from gaming concessionaires had increased by MOP 43.76 billion year on year. While receipts from non gaming activities had risen by MOP 1.45 Billion.

 

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Kevin Kaostricks

Kevin Kaostricks

Kevin takes care of round the clock updates on Casino Buzz. He is based out of Rochester. He can be reached out at kk@casino.buzz

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