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Some gaming staff in Macau received promotions in other departments. There are not enough workers to cover all required positions in time for the Chinese New Year.

Report on the gambling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges. The market is driven by the increasing betting on e-sports, the high penetration of smartphones, reduced stringency in government regulations.

Macau government's proposed minimum annual target of casino gross gaming revenue (GGR) per table and per gaming machine could hurt operators with low-yielding gaming assets. If local operators fail to meet such GGR targets, they would be required to pay the government the shortfall in the minimum amount of gaming tax. The prevailing gaming rate is 35 percent. The Macau Government imposes the other effective 4 percent relating to other social contributions from the casino operators. CICC Hong Kong estimates the target yield of the gaming tables could stand at US$6,584 win per day, and that of slot machines at $207 win a unit per Day in 2022.

The Global Casino Gambling Market is expected to grow by $ 32.54 bn during 2021-2025. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.

Macau government wants to end the system of sub-concessions and create a new one. There are also plans for government-appointed delegates to oversee how gaming operators fulfil their concession duties. The consultation period is from Wednesday (September 15) until October 29. The existing six gaming concessions are due to expire in June 2022. Macau's Secretary for Economy and Finance, Lei Wai Nong, wants the public to give their views on the maximum number of gaming concessionaires allowed in the city. He declined to comment on whether the current permits would be extended.

The online gambling market size is expected to increase by USD 114.21 billion during 2020-2024.

Casinos and gambling market is expected to grow by USD 82.09 billion during 2020-2024. The market growth is driven by the growing popularity of online gambling. The increasing use of social media marketing is also expected for the market's growth. Report analyzes the report by platform (Offline and Online) and geography (APAC, Europe, North America, MEA, and South America).

Online Gambling Market to grow by USD 114.21 billion during 2020-2024. The rising popularity of the freemium model will offer immense growth opportunities. Technavio reports offer customer landscape matrix and vendor landscape analysis.