GAMBLING DATA 2017-2020 GAMES
Number of: Casinos
Gaming tables Slots
Amount Wagered: Greyhound racing Horse racing
Chinese Lotteries LD Apost Soccer
LD Apost Basketball TOTAL
GGR Greyhound racing Horse racing
Chinese Lotteries LD Apost Soccer
LD Apost Basketball Games of Chance
TOTAL
2017 40 6,419 15,622
MOP218m MOP517m MOP39m MOP5.5bn MOP2.6bn MOP8.91bn
MOP46m MOP104m MOP10m MOP519m MOP185m
MOP265.7bn MOP266.6bn
It is anticipated that this 2022 time frame could lapse a year or even longer. Under Macau law the concessionaire’s current licences could be extended for a maximum of five years (until 2027) giving more time to analyse the casino sector.
Te tender process can be opened to any other operator and there is no guarantee that current licensees will retain their permits.
Tere is talk about encouraging Macau to become less reliant on gambling for its revenue. Te Covid epidemic highlighted the problem that when gambling goes down then the loss of revenue is hugely significant.
Macau officials are now revamping the gambling laws which could see some changes in operations. Te changes however have to be sent out for public approval then approved by
2018 41 6,588 16,059
MOP110m MOP504m MOP49m MOP6.3bn MOP2.6bn MOP9.71bn
MOP23m
2019 41
6,739 17,009
-
MOP491m MOP55m MOP5.3bn MOP2.7bn
MOP8.67bn -
MOP101m MOP98m MOP13m
MOP302.8bn
MOP674m MOP534m MOP222m
MOP14m MOP211m
MOP303.8bn MOP293.4bn
Macau’s legislative Assembly. Tis could take another year or so.
Some suggest that the trade tensions between the US and China could also see renewal licensing risks for Las Vegas Sands and Wynn.
Te trade war is just one issue causing Macau’s revenues to slump last year. Back in 2002 the gaming industry was worth $2.9bn. Last year it was worth $36.5bn (MOP292.3bn) whilst the mass market table games segment accounted for over 48 per cent of market wide gross gaming revenues in 2019.
Tere was a slow down in 2019 revenues attributed to a slowing of the world economy, the ban on smoking in VIP areas, competition from other markets and the growing tensions of the US-China trade war.
2020 Q1 41
5,533 7,216
-
MOP71m MOP9m
2020 Q2 41
5,869 7,595
-
MOP70m MOP12m
MOP845m MOP498m MOP641m MOP165m MOP1.5bn
MOP745m - MOP92m MOP292.4bn MOP30.4bn -
MOP14m MOP14m MOP2m
MOP2m MOP50m
MOP41m MOP16m MOP3.2bn
MOP30.6bn MOP3.3bn
Tis, plus the recent crackdown on cross border money movement, means the 2020 GGR figures for Macau would not have been as high as perhaps many are predicting the levels will return to post Covid.
Although the US and China have been entangled in a nasty trade fight for the last couple of years the pandemic has merely prompted Trump to encourage companies to bring manufacturing back to the States. However in response to US pressure on Chinese exports, many companies are now moving their manufacturing facilities to other Asia countries where wages and even lower. And the Macau junkets have followed their clients causing a downward trend in GGR in Macau.
Samsung, Hasbro, Apple and Nintendo for example are relocating. In April Apple was producing about a quarter of its AirPod
NEWSWIRE / INTERACTIVE / MARKET DATA P95
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144
