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MACAU BUSINESS


Gaming revenue growth sustained by some 400,000 regular VIP and Premium players


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nalysts at Sanford C. Bernstein state in a report that although almost 35.8 million visitors came to Macau last year, a small group of about 300,000


to 400,000 VIP and Premium Mass customers who visited the city an average of four times a year represented almost 70 per cent of all gross gaming revenues. In 2018 the Macau gaming sector generated around


MOP302.8 billion (US$37.4 billion), a 14 percent year-on-year rise. According to Bernstein while GGR growth from late


2016 to mid-2018 was boosted by a strong VIP growth trend, the gaming industry’s value driver is the secular growth of Mass and Premium Mass. Premium mass refers to players betting high amounts in


cash, rather than through junket or house-issued credit used by Macau’s VIP segment.


Suncity Group acquires land in Okinawa


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“This includes data related to personal gambling data […] so if a person entered a casino and played from this to that hour, how much money she spent, etc. The prohibition only relates to gambling personal data, not general personal data. We want to protect the interests of the players.” When asked why the instruction had not been made public, Mr. Chan noted that some instructions related to internal operations are not divulged to the general public, especially when concerning security issues. Paulo Chan also stated that the department was still


analyzing requests by around three gaming operators to install facial recognition technology in gaming areas. “We’re still analyzing the requests. I think generally they


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are following the Data Protection Law. We will continue to assess [the issue],” he noted. Exclusive Macau News Agency/Macau Business


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ong Kong-listed Suncity Group has acquired a 108,799 square meter land plot in the Japanese prefecture of Okinawa with the purpose of


developing a future hotel resort. According to a Hong Kong Stock Exchange filing, the


group purchased a 51 percent share stake for US$9.5 million (MOP76.7 million) at a Japanese investment holding company named MSRD Corporation Limited, which holds the land plot in Miyako Island, Okinawa. The land in question was said to be evaluated at some


US$47.1 million, with a current designated use for natural fields, windbreak forest/barrier, farmland, or public roads, with Suncity intending to apply to Okinawa’s Legal Affair Bureau for the conversion of its designated use to allow a resort hotel. Miyako Island is the largest of the Miyako Islands,


Okinawa Prefecture, with Suncity planning to build 40 villas with a swimming pool and a hotel of more than 100 rooms on the land.


24 NOVEMBER 2019


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