#Gaming Inspection and Coordination Bureau

GGRAsia

Yield per Macau slot machine in 2023 above 2019 levels

Slot-machine gross gaming revenue (GGR) in Macau reached MOP10.92 billion (US$1.36 billion) in full-year 2023, accounting for nearly 6.0 percent of the aggregate MOP183.06 billion recorded last year, according to official data. Revenue from slot machines last year recovered to 72.1 percent of 2019, the last trading year before the onset of the…
Industry
Yield per Macau slot machine in 2023 above 2019 levels
Forbes

Casino Stocks Rally As Macau Gambling Revenues Come In Strong

You'll be asked to sign into your Forbes account.Got it While investors greeted the first day of 2023 trading with big selling in classic tech favorites like Apple and Advanced Micro Devices, buyers showed up in large numbers among the classic casino names. This, after Macau reported "gross gaming revenues" increased 333% in 2023 versus 2022. Those…
Finance
Casino Stocks Rally As Macau Gambling Revenues Come In Strong
Super Slots
Yogonet

Macau forecasts robust casino business growth, projects $27 billion revenue in 2024

Macau's Secretary for Economy and Finance, Lei Wai Nong, has conveyed an optimistic outlook for the gaming sector, expressing confidence in achieving the target of MOP216 billion ($26.8 billion) in gaming revenue for fiscal year 20242024. Addressing lawmakers' concerns post his presentation of the 2024 action plan, Lei noted that the government's…
Industry
GGRAsia

LT Game readies new LMG product as Macau recovers: Chun

A new'live multi-game' (LMG) product for electronic versions of casino games featuring a live dealer, is being planned for launch before year-end by Macau-based specialist in the field, LT Game Ltd, said boss Jay Chun (pictured), in an interview with GGRAsia. The newcomer, branded "Nera", should make an appearance "by the end of this year", stated…
Industry
LT Game readies new LMG product as Macau recovers: Chun
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World Casino News

Most popular casino games by region

Casino games have a universal appeal, tapping into the adventurous spirit inherent in many of us. For ages, these games have served as more than just entertainment - they've reflected the cultural, societal, and economic intricacies of various regions. As we traverse different continents, we aim to explore the core of each area's gambling…
Games
Most popular casino games by region
Review Journal

Macao regulators release July gaming revenue results

Macao casinos had their best month of 2023, one year after having their worst month of 2022. Macao's Gaming Inspection and Coordination Bureau on Tuesday reported gross gaming revenue of $2.075 billion (U.S), the most won in the special administrative region since January 2020. By comparison, the state of Nevada last week reported gaming win of…
Finance
Macao regulators release July gaming revenue results
Asgam

Mass baccarat contributed 59% of Macau-wide GGR in 1Q23

Mass market baccarat continues to dominate the Macau gaming landscape, with figures published by the Gaming Inspection and Coordination Bureau showing it contributed MOP$20.51 billion (US$2.54 billion) in gross gaming revenues in the first three months of the year - comprising 58.9% of market-wide GGR. While this was slightly down on the 62.9%…
Baccarat
Mass baccarat contributed 59% of Macau-wide GGR in 1Q23
Great Andhra

How Online Casinos Vary From the Baltics to India

Online casinos are all the rage these days, but with a saturated market, it can be hard to identify what's different between all the options out there. The differences in casinos from the Baltics all the way to India and Southeast Asia are noticeable, but only if you know what to look for. Here are some quick tips. Language Availability One of the…
Law
How Online Casinos Vary From the Baltics to India
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GGRAsia

Macau mass baccarat nearly 60pct of 1Q GGR: regulator

Mass-market baccarat generated nearly MOP20.51 billion (US$2.54 billion) in Macau in the first three months of 2023, or 59.2 percent of all casino gross gaming revenue (GGR) in the period. The figure represented an increase of 89.5 percent year-on-year, and was up 207.8 percent quarter-on-quarter, according to data released on Monday by the city's…
Industry
Macau mass baccarat nearly 60pct of 1Q GGR: regulator
World Casino News

Grand Lisboa Palace Launches Foreigner Gaming Area

On April 10, Grand Lisboa Palace, located in Macau's Cotai district, owned and operated by gaming giant SJM Holdings Ltd., officially opened the foreigner gaming zone. Location: The zone is found in the Cotai resort in the "Dragon Pavillon" which is the ultimate gaming part of the facility. Commenting on the opening, specifically the official…
Land-based
Grand Lisboa Palace Launches Foreigner Gaming Area
The Nevada Independent

Indy Gaming: Macau casinos bounce back after three years of depressed gaming revenue

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz With three months in the books, Macau's…
Industry
Indy Gaming: Macau casinos bounce back after three years of depressed gaming revenue
Review Journal

Macao casino revenue rebounding as analysts expect continued growth

Gaming industry analysts expect casino revenue to continue rising in Macao after back-to-back months of growth. The region's Gaming Inspection and Coordination Bureau on Wednesday reported a 33.1 percent increase in gross gaming revenue to $1.3 billion in February compared with a year earlier. While February figures were down from January, John…
Industry
Macao casino revenue rebounding as analysts expect continued growth
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Yogonet

Macau casinos see worst year on record after gaming revenue drops 51% in 2022

Macau casinos have posted their worst year since 2004 as China's strict Covid Zero policies wrought havoc on the gambling hub. The Gaming Inspection and Coordination Bureau said Sunday that gross gaming revenue in December fell 56% from a year earlier to 3.48 billion patacas ($433 million), slightly below the median estimate of a 57% decline.…
Finance
GGRAsia

40pct fewer Macau satellite casinos by Jan 1: govt

Macau is to have 11 so-called satellite casinos that will continue to operate under the new 10-year gaming concessions starting from January 1, 2023, compared to 18 satellite casinos that were in the market as of June-end this year, a decrease of 38.9 percent. The information was given by André Cheong Weng Chon (pictured second right), Secretary…
Travel
40pct fewer Macau satellite casinos by Jan 1: govt
Asgam

Utilization fee payable by concessionaires to Macau government for use of reverted casinos to be determined by end of December

The amount to be paid to the Macau government by the concessionaires to "rent" the casinos back from the government under the new concessions - referred to as a "utilization fee" by SJM - should be known by the end of December. The interesting tidbit of information was revealed in a Sunday evening SJM Holdings filing on the Hong Kong exchange,…
Finance
Utilization fee payable by concessionaires to Macau government for use of reverted casinos to be determined by end of December
Review Journal

Three Las Vegas companies receive Macau licensing extensions

Las Vegas Sands Corp. will tear a page out of the Las Vegas playbook when it invests $3.5 billion over the next decade in launching restaurants and nongaming tourist attractions to attract international visitors there, the company announced Monday. It plans to develop several new restaurants and introduce international culinary concepts to support…
Industry
Three Las Vegas companies receive Macau licensing extensions
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The Nevada Independent

Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz American Gaming Association CEO Bill…
Industry
Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations
World Casino News

Macau gaming revenue declines to $374 million in November

Macau's Gaming Inspection and Coordination Bureau (DICJ) informed that the region's casino industry generated gross gaming revenues of MOP$3.0 (US$374 million) in November to mark the industry's 55.6% lower gross revenue in comparison with the same period last year. In November, Macau's casino industry also experienced a 23.1% downfall in revenue…
Finance
Review Journal

Disappointing gaming revenue in Macao continues to saddle Las Vegas company-owned operations in the Chinese region as a result of COVID-19 restrictions.

Macao reported another disappointing month of gaming revenue in November with the region reporting winning $374.4 million, a 55.6 percent decline from November 2021. Macao's Gaming Inspection and Coordination Bureau on Thursday said the region has had only one month - February - in which the region's 39 casinos made more money than they did a year…
Covid
Disappointing gaming revenue in Macao continues to saddle Las Vegas company-owned operations in the Chinese region as a result of COVID-19 restrictions.
Gambling Industry News

Macau Casino Revenue for November Down by 55.6%

The latest figures from the Macau Gaming Inspection and Coordination Bureau (DICJ) show that the local casino industry generated gaming revenues of MOP$3 billion (€358.5 million) for the month of November marking a drop of 55.6% year-on-year. Covid outbreak in China severely impacted tourism numbers November's reported revenue figures are also a…
Finance
Macau Casino Revenue for November Down by 55.6%
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Yogonet

Macau: Suspicious Transaction Reports from casino operators down by 15% year-to-date

According to local media reports, the number of Suspicious Transaction Reports (STRs) in Macau has seen a 13.4% year-over-year decrease to 1677 in the first nine months of 2022. According to a report from the Financial Intelligence Office, STRs proceeding from casino operators fell by 15.5% year-over-year to 866 during the period from January to…
Industry
Seeking Alpha

Wynn Resorts, Las Vegas Sands lead rally in Macau casino stocks on reopening hopes

Macau gross gaming revenue fell 10.7% in October to $3.9B patacas ($482M) compared to a year ago, according to data from the Gaming Inspection and Coordination Bureau. The GGR tally was worse than the -8.5% consensus mark anticipated by analysts. October casino GGR was up 31.6% on a month-on-month comparison with some tourism channels to Macau from…
Travel
GGRAsia

Mass-market baccarat 62pct of Macau GGR in 3Q: govt

Mass-market baccarat generated MOP3.44 billion (US$425.5 million) in Macau in the three months to September 30, which was 62.0 percent of all casino gross gaming revenue (GGR) for the quarter. The figure was down 32.3 percent quarter-on-quarter, according to data released on Monday by the city's casino regulator, the Gaming Inspection and…
Baccarat
Mass-market baccarat 62pct of Macau GGR in 3Q: govt
Review Journal

Weeklong Macao casino shutdown affecting Sands, MGM, Wynn begins

Macao casino resorts closed their doors Monday as a weeklong government-ordered shutdown began in the region, taking a toll on properties including several operated by three Las Vegas-based companies. Because of elevated COVID-19 case numbers, Macao Secretary for Administration and Justice Andrew Cheong Weng Chun on Saturday ordered a closure of…
Covid
GGRAsia

SJM satellites Ponte 16, Kam Pek to continue ops to Dec

Success Universe Group Ltd, an investor and promoter in Macau casino hotel Ponte 16, has agreed with casino operator SJM Holdings Ltd to extend the provision of gaming services at the property until the end of this year. The information was confirmed to GGRAsia by Success Universe's deputy chairman and executive director, Hoffman Ma Ho Man. Casino…
Covid
SJM satellites Ponte 16, Kam Pek to continue ops to Dec
Markets Insider

The Future of Macau, Asia's Las Vegas, Hangs in the Balance

With gaming revenues six times that of the Las Vegas Strip, it's not hard to see why Macau is often called the "Las Vegas of Asia." The tiny island in the South China Sea known for its glitzy casinos and shopping malls. Macau's GDP in 2019 stood at $55.19 billion, of which $36 billion came from gaming revenues. The GDP starkly dropped to $29.91…
Travel
The Future of Macau, Asia's Las Vegas, Hangs in the Balance
Gambling Insider

Gambling revenues: Europe on the road to recovery?

It's been a busy time for financial results within the gambling industry, with the likes of Flutter Entertainment, Entain, 888 Holdings, LeoVegas, NeoGames and Table Trac all publishing either Q2 or H12022 results last week alone. But these results have not all been favourable, with many companies continuing to fight against the implications caused…
Finance
Gambling revenues: Europe on the road to recovery?
Review Journal

Macao casino shutdowns extended five days

Stock market prices for the affiliates of three Las Vegas companies operating in Macao began rebounding Monday, even after a weeklong government-ordered casino shutdown was extended by five days. The casino lockdown, which began July 11 and had been set to expire Sunday, is now scheduled to end July 23. Analysts have estimated the closures will…
Covid
Macao casino shutdowns extended five days
World Casino News

Coronavirus consternation for Macau casinos

The large collection of casinos in the Asian city of Macau reportedly saw their aggregated gross gaming revenues for June plummet by over 62% year-on-year to hit a 21-month low of just over $306.47 million. According to a Friday report from Inside Asian Gaming citing official information from the enclave's Gaming Inspection and Coordination Bureau…
Covid
Coronavirus consternation for Macau casinos
Macau Business

Hold the wrong end of the stick

António Lobo Vilela is a lawyer based in Macau and the author of the Macau Gaming Law Book (www.macaugaminglaw.com) Having participated in the drafting of the Macau Gaming Law (currently in force) and the concession and subconcession contracts, I was asked about the legal basis for the existence of third-party promoted casinos (also known as…
Law
Hold the wrong end of the stick
The Nevada Independent

Indy Gaming: ‘Economic challenges’ keeping five Clark County casinos closed into 2023

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Five Southern Nevada casinos that never…
Lottery
Indy Gaming: ‘Economic challenges’ keeping five Clark County casinos closed into 2023
Yogonet

Macau casino revenue plunges 68% to new 18-month low in April amid tourism drought

Macau casino revenue has plunged to an 18-month low amid the ongoing impact of the pandemic on the gaming destination. Revenue for April fell 68% from a year earlier as the world's biggest gambling hub suffers from a tourist drought related to China's Covid lockdown measures. According to official data from the Gaming Inspection and Coordination…
Travel
Macau casino revenue plunges 68% to new 18-month low in April amid tourism drought
Review Journal

Macao gaming revenue slumps by 68 percent in May

On the day Chinese authorities lifted COVID-19 restrictions in Shanghai, Macao's Gaming Inspection and Coordination Bureau reported another steep decline in gross gaming revenue for the month of May. The bureau that monitors gaming revenue for Macao's 41 casinos - including several owned and operated by three Las Vegas-based companies - reported…
Finance
Macao gaming revenue slumps by 68 percent in May
World Casino News

Macau’s draft gaming bill is taking shape

In Macau and legislators are reportedly preparing to chuck out a provision within the under-consideration draft gaming bill that would prevent anyone with more than a 5% shareholding in a local casino operator from investing with any rival firm. According to a report from GGRAsia, this possible concession was revealed by local legislator Chan Chak…
Travel
Macau’s draft gaming bill is taking shape
World Casino News

Macau casinos experienced an April slump

The over 40 casinos in Macau reportedly saw their aggregated gross gaming revenues for April decline by over 68% year-on-year to hit a 19-month low of just over $331.19 million. According to a report from GGRAsia citing official information from the enclave's Gaming Inspection and Coordination Bureau regulator, the disappointing result equated to a…
Travel
Macau casinos experienced an April slump
Review Journal

Macao gaming revenue dips to an 18-month low

Macao gaming revenue slumped to an 18-month low in March, Macao's Gaming Inspection and Coordination Bureau reported Friday. It was the second month this year that gross gaming revenue was below 2021 levels. The market showed a 6.1 percent rebound in February, thanks primarily to increased visitation during Chinese New Year celebrations. The bureau…
Finance
Macao gaming revenue dips to an 18-month low
World Casino News

Macau casinos pay MOP$33.91 billion in taxes for 2021

The Financial Services Bureau in Macau has announced the tax payments from the gaming industry for 2021. Last year, a total of MOP$33.91 billion ($4.22 billion) was paid by operators. This is an increase of 13.8% when compared to the MOP$29.81 billion ($3.73 billion) paid in 2020. While the amount is an increase from the previous year, it is a…
Finance
Macau casinos pay MOP$33.91 billion in taxes for 2021
GGRAsia

Macau enacts technical standards for live dealer ETGs

A new set of technical standards covering dealer-operated electronic table games (ETGs) came into effect in Macau on Monday. The set of standards - issued by the city's casino regulator, the Gaming Inspection and Coordination Bureau - is the first of its kind to focus on ETGs that rely on the use of live dealers. The standards aim "to specify…
Live Gambling
Macau enacts technical standards for live dealer ETGs
Yogonet

Macau's casino GGR grows 43.7% in 2021; marks nearly a third of pre-pandemic numbers

According to data released by the Gaming Inspection and Coordination Bureau (DICJ), Macau's casinos secured MOP 7.96 million (USD 990.9M) in December, which accounts for a 1.8% increase in a year-over-year comparison. The full-year tally went up by 43.7% to MOP 86.8 billion (USD10.8B). The overall revenue for 2021 accounts for 29.5% of pre-pandemic…
Covid
Macau's casino GGR grows 43.7% in 2021; marks nearly a third of pre-pandemic numbers
Macau Business

Police arrest two in illegal gambling crackdown, Tak Chun boss Levo Chan among detained

The Judiciary Police (PJ) announced today (Sunday) two people in the junket sector were arrested on Friday for alleged crimes of engaging in illegal gambling activities, running a crime syndicate and money laundering. The authorities did not identify the two suspects, only referring to them as two Macau male residents - one surnamed Chan and aged…
Law
Police arrest two in illegal gambling crackdown, Tak Chun boss Levo Chan among detained
World Casino News

Macau licenses only 46 casino junkets for 2022

In Macau and the Gaming Inspection and Coordination Bureau regulator has reportedly licensed just 46 casino junket firms for 2022 at the same time as officials in neighboring China are continuing their crackdown against cross-border gambling. According to a report from inside Asian Gaming, this is the first instance since the watchdog began issuing…
Travel
Macau licenses only 46 casino junkets for 2022
The Standard

Macau junket tally halves

Macau's gaming regulator yesterday said that the number of junkets or gaming promoters nearly halved over the past 12 months and Suncity (1383) is no longer on the list. The total number of licensed casino operators sank to a record low, to 46 this year from 85 in January 2021, the Gaming Inspection and Coordination Bureau said. Major operators on…
Law
GGRAsia

Macau casino GGR up 32pct m-o-m in Sept: govt

Macau casino gross gaming revenue (GGR) rose 32.4 percent sequentially in September, to MOP5.88 billion (US$735 million), compared to MOP4.44 billion in August, when a Covid-19 alert in Macau had seen a sharp dip in tourism to the city. Judged year-on-year, September GGR was up 165.9 percent on the MOP2.21 billion achieved in September 2020,…
Covid
Macau casino GGR up 32pct m-o-m in Sept: govt
Gambling News

Mass-Market Gaming the Big Winner in Macau in 4Q2021

Mass gaming is going to be the big driver of gross gaming revenue (GGR) in Macau. This trend already began last year and will become more pronounced as junkets continue to lose their spot. The last quarter of 2021 saw how important the mass-market gaming segment was for the city's GGR, blowing away the VIP input. According to Macau's Gaming…
Baccarat
Mass-Market Gaming the Big Winner in Macau in 4Q2021
GGRAsia

Mass market play record 74pct Macau GGR in 4Q: govt

Mass-market games including slot machines provided 74.3 percent of all Macau's casino gross gaming revenue (GGR) in the fourth quarter of 2021, at nearly MOP14.18 billion (US$1.77 billion), according to data released on Monday by the city's casino regulator, the Gaming Inspection and Coordination Bureau. The contribution of the mass segment was a…
Travel
Mass market play record 74pct Macau GGR in 4Q: govt
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Yogonet

Macau casino revenue hits 2021 low, direct investment slumps in 2020

Casinos in the Chinese enclave have seen their worst month of the year in October, amid pandemic-related restrictions and a gambling rules review. Revenue dropped 40% YoY, and also fell 26% from the previous month, down 83% against pre-pandemic 2019. Direct investment in Macau's gaming sector declined by 30% in 2020 versus 2019. Casinos in Macau…
Finance
Macau casino revenue hits 2021 low, direct investment slumps in 2020
Barron's

Las Vegas Sands, Wynn Rise on Key Macau Casino Report. What It Means.

It has been a tough year for Macau's casino operators but it looks set to end on a relatively positive note after the publication of a key report. Las Vegas Sands stock rose 2.5% in early trading, while Wynn Resorts was close to 3% higher, as a report published by Macau's Gaming Inspection and Coordination Bureau (DICJ) Thursday seemed to ease…
Travel
Las Vegas Sands, Wynn Rise on Key Macau Casino Report. What It Means.
GGRAsia

Gaming staff jobs not affected by junket rooms pause: govt

The Macau government has said that jobs of staff working in junket-promoted VIP rooms in the city could not be affected by the suspension of these venues, as those workers are contractually linked to the casino operators. In a joint statement on Wednesday, the Gaming Inspection and Coordination Bureau and the Labour Affairs Bureau said that…
Jobs
Gaming staff jobs not affected by junket rooms pause: govt
Gambling News

Macau Confirms Closure of Suncity VIP Rooms in the City

Macau's gaming regulator has confirmed Wednesday night that all VIP gaming rooms operated by Suncity Group, a junket operator in Macau, have been closed. Alvin Chau, the now-former head of the junket operator, was arrested on Saturday for allegedly organizing illegal gambling, including online gambling, via the Philippines, China, and other…
Jobs
Macau Confirms Closure of Suncity VIP Rooms in the City
Vegas Slots Online

Macau Monthly Casino Revenue Fell to Year Low in October

Macau's monthly gross gaming revenue hit a record low for 2021 in October as the region continued to deal with the impact of COVID-19 restrictions. Gross gaming revenue fell almost 29% month-on-month to around MOP4.37bn ($544.7m). a 40% year-on-year drop in October revenue Figures released by the Macau Gaming Inspection and Coordination Bureau on…
Finance
Macau Monthly Casino Revenue Fell to Year Low in October
GGRAsia

Macau ETGs also with time warning clock end 2024: DICJ

Player screens of electronic table games (ETGs) in the Macau market are subject to the same requirement as the city's electronic gaming machines or "slots", regarding a clock warning players about the time they have spent on the device. The information was affirmed by email to GGRAsia by Macau's casino regulator, the Gaming Inspection and…
Slots
Macau ETGs also with time warning clock end 2024: DICJ
World Casino News

Third-quarter VIP baccarat receipts tumble in Macau

The 41 casinos in Macau reportedly saw the share of aggregated third-quarter gross gaming revenues they amassed from VIP baccarat players decrease by some 16.4% year-on-year to just over $737.7 million. According to a report from Inside Asian Gaming citing official information from the Gaming Inspection and Coordination Bureau regulator, this drop…
Baccarat
Third-quarter VIP baccarat receipts tumble in Macau
GGRAsia

Mass GGR over 68pct of 3Q Macau casino revenue: govt

Macau's mass-market gross gaming revenue (GGR) in the third quarter of 2021 reached nearly MOP12.81 billion (US$1.60 billion), accounting for 68.2 percent of the city's aggregate casino GGR in the period. The mass-market GGR figure - including slot machine revenue - represented a decline of 24.1 percent from the second quarter, according to data…
Finance
Mass GGR over 68pct of 3Q Macau casino revenue: govt
GGRAsia

Macau ex-advisor Green tells court when LVS tied to Galaxy

The casino operations experience of Las Vegas Sands Corp (LVS) had significant weight when the Macau government was assessing bids for gaming concession rights nearly 20 years ago, a Macau court was told on Friday by David Green, part of a consulting team from accountancy firm Arthur Andersen LLC, hired by the city's government to advise on…
Travel
Macau ex-advisor Green tells court when LVS tied to Galaxy
Vegas Slots Online

Global Gambling Meccas Post Latest Gaming Revenue Data

Casinos in the global gambling hubs of Las Vegas and Macau are continuing their recovery from the COVID-19 pandemic with different levels of success. [Image: Shutterstock.com] Players from all over the world regularly flock to the internationally renowned gambling hubs of Las Vegas and Macau. Despite their notoriety, the two markets struggled…
Finance
Global Gambling Meccas Post Latest Gaming Revenue Data
World Casino News

Clarification on new gambling laws sought in Macau

In Macau and representatives from some of the city's junket firms reportedly joined casino executives at a meeting on Monday in hopes of getting more details on proposed regulatory changes. According to a Tuesday report from the Reuters news service, the 70-minute gathering called by the local Gaming Inspection and Coordination Bureau regulator was…
Law
Clarification on new gambling laws sought in Macau
World Casino News

Coming clock mandate for Macau slots

In Macau and the Gaming Inspection and Coordination Bureau regulator has reportedly announced that all of the enclave's many land-based video slots will be required to feature an on-screen clock as standard by the conclusion of 2024. According to a Friday report from GGRAsia, the government agency detailed that this directive is contained within…
Industry
Coming clock mandate for Macau slots
Gambling Insider

Macau casinos must feature flashing clocks on all slots by 2024

Macau has imposed a rule requiring all operators to feature flashing clocks on their slot machines. On 1 September, the city brought its Electronic Gaming Machine Technical Standards version 2.0 into force, it confirmed to GGRAsia. This progressive move from the Asian casino capital marks the city's latest shift in its approach to gambling. Macau's…
Industry
Macau casinos must feature flashing clocks on all slots by 2024
Gambling News

Macau Slot Machines to Get a Feature Not Every Gambler Will Like

Responsible gaming continues to be the leading topic in the gaming industry around the world. Land-based and online casinos are expected by regulators to be more proactive at protecting gamblers from themselves. Macau is making changes to its gaming industry, as well, introducing the new Electronic Gaming Machine Technical Standards version 2.0…
Land-based
Macau Slot Machines to Get a Feature Not Every Gambler Will Like
GGRAsia

Macau casino GGR down 37pct m-o-m in June: govt

Macau casino gross gaming revenue (GGR) declined by 37.4 percent sequentially in June, to MOP6.54 billion (US$817.7 million) compared to MOP10.45 billion in May. Judged year-on-year, June GGR was up 812.5 percent, according to data issued on Thursday by the city's casino regulator, the Gaming Inspection and Coordination Bureau, a body also known as…
Covid
Macau casino GGR down 37pct m-o-m in June: govt
GGRAsia

Clock on all Macau slots by end 2024 warning players on use

By the end of 2024, all player screens on Macau casino slot machines must be fitted with an intermittently flashing clock showing the local time, GGRAsia has confirmed with the city's casino regulator. The requirement is part of the city's Electronic Gaming Machine Technical Standards version 2.0, which came into force on September 1. The term…
Industry
Clock on all Macau slots by end 2024 warning players on use
Review Journal

Border restrictions in Macao result in losses for Las Vegas Sands Corp.

Las Vegas Sands Corp. on Wednesday warned investors that its China subsidiary operating in the Macao market suffered losses in July and August because of border restrictions imposed by the government. In a Securities and Exchange Commission filing Wednesday, the company said, "Tighter border restrictions were implemented in Macao affecting…
Covid
Border restrictions in Macao result in losses for Las Vegas Sands Corp.
World Casino News

Downsized July casino tax tally for Macau

The over 40 casinos in Macau reportedly contributed just over $319.63 million in aggregated gaming taxes for July as they continued to be negatively affected by the impacts of the ongoing coronavirus pandemic. According to a report from Inside Asian Gaming citing official information from the enclave's Financial Services Bureau, the final tally…
Finance
Downsized July casino tax tally for Macau
GGRAsia

Macau casino GGR rose 1pct m-o-m in April: govt

Macau casino gross gaming revenue (GGR) rose by 1.1 percent sequentially in April, to MOP8.40 billion (US$1.05 billion), compared to just under MOP8.31 billion in March. April GGR was up 1014.4 percent from a year earlier, according to data issued on Saturday by the city's casino regulator, the Gaming Inspection and Coordination Bureau, a body also…
Covid
Macau casino GGR rose 1pct m-o-m in April: govt
Yogonet

Macau's operator SJM sees revenues, earnings up in H1 driven by "cautious" tourism return

JM Holdings announced 2021 first half results on August 3. The group's gross gaming revenue for the six months ended 30 June 2021 reached HK$5.51 billion (US$708.5 million), up from HK$4.89 billion (US$628.8 million) in the year-earlier period, marking a 12.5% increase. Adjusted EBITDA improved by 48.2% to a negative HK$510 million (US$65.6…
Travel
Vegas Slots Online

Macau Casinos See First GGR Rise Since September 2019

After a difficult 2020 impacted by the effects of the COVID-19 pandemic, Macau casinos saw gross gaming revenue (GGR) increase for the first time since 2019 last month. Macau gaming revenue totaled MOP 7.31bn ($915.3m) for the month of February According to data released by Macau's Gaming Inspection and Coordination Bureau (DICJ), Macau gaming…
New Year
Macau Casinos See First GGR Rise Since September 2019
Asgam

SJM confirms casino table, machine limits for opening day

SJM Holdings says it has been authorized by Macau's gaming regulator, the Gaming Inspection and Coordination Bureau (DICJ) to request the transfer of additional gaming tables from its other properties as the company prepares for the launch its HK$39 billion (US$5 billion) Cotai integrated resort Grand Lisboa Palace today. As reported by Inside…
Travel
SJM confirms casino table, machine limits for opening day
GGRAsia

Macau mass GGR two-thirds of 2Q casino revenue: govt

Macau's mass-market gross gaming revenue (GGR) in the second quarter of 2021 reached nearly MOP16.88 billion (US$2.11 billion), accounting for 66.5 percent of the city's aggregate casino GGR in the period. The figure - including slot machine revenue - represented an increase of 16.3 percent from the first three months of 2021, according to data…
Finance
Macau mass GGR two-thirds of 2Q casino revenue: govt
European Gaming

SJM Holdings Denies Interest in Developing Casino in Vietnam

SJM Holdings has denied the rumour that it is seeking approval to develop a casino complex in Quy Nhon city. Jonathan Pyne, chief legal counsel at SJM Holdings, said the company is not involved in any casino project in Vietnam and that its sole casino operations are in Macau. According to some websites, SJM Holdings was seeking to develop a US$6bn…
Travel
SJM Holdings Denies Interest in Developing Casino in Vietnam
GGRAsia

Macau casino GGR falls 79pct in full year 2020: govt

Macau's casino gross gaming revenue (GGR) shrank 79.3 percent year-on-year in calendar year 2020, amid the disruption to travel and the economy caused by the Covid-19 pandemic. The data was released on Friday by the local regulator, the Gaming Inspection and Coordination Bureau, a body also known as DICJ. Calendar-year GGR was approximately…
Covid
Macau casino GGR falls 79pct in full year 2020: govt
GGRAsia

Macau casino GGR down 9pct m-o-m in February: govt

Macau casino gross gaming revenue (GGR) declined 8.9 percent sequentially in February, to MOP7.31 billion (US$914 million), compared to just above MOP8.02 billion in January, according to data issued on Monday by the city's casino regulator, the Gaming Inspection and Coordination Bureau, a body also known as DICJ. February GGR was up 135.6 percent…
New Year
Macau casino GGR down 9pct m-o-m in February: govt
Review Journal

April gross gaming revenues pick up steam in Macao

As a major holiday period wraps up Wednesday in Macao, gross gaming revenue for the area has picked up steam. Macao's Gaming Inspection and Coordination Bureau reported Saturday that the region's casinos collected $1.05 billion (U.S.) in April compared with $94.3 million (U.S.) in April 2020, a 1014.4 percent increase. It was the highest monthly…
Finance
April gross gaming revenues pick up steam in Macao
World Casino News

August annoyance for Macau casinos

The 39 casinos in Macau reportedly continued to be negatively impacted by the coronavirus pandemic last month as their aggregated gross gaming revenues decreased by 94.5% year-on-year to stand at just over $166.61 million. According to a report from Inside Asian Gaming citing official information from the enclave's Gaming Inspection and…
Covid
August annoyance for Macau casinos
Review Journal

Macao has lowest monthly gaming revenue in history in June

Macao endured its lowest monthly gaming revenue and worst percentage decline from the previous year in its history in June as effects of the coronavirus continue to affect the world's largest gambling market. Macao's Gaming Inspection and Coordination Bureau on Wednesday announced that June's $89.7 million (U.S.) in casino revenue represented a new…
Finance
Macao has lowest monthly gaming revenue in history in June
Review Journal

Las Vegas casinos can learn about reopening from Macao

Far from home is what home may soon look like. Macao and Las Vegas - two cities separated by an ocean, united by an industry. They rank as the first- and second-largest gambling markets in the world, respectively, their combined revenues totaling over $40 billion in 2019, a number destined to plummet in 2020 because of tourism-decimating…
Land-based
Las Vegas casinos can learn about reopening from Macao
Calvin Ayre

Macau casino gambling revenue down ‘only’ 72.5% in October

Macau casino gambling revenue fell'only' around three-quarters in October, which apparently qualifies as a roaring success in this pandemic-plagued year. Figures released Sunday by Macau's Gaming Inspection and Coordination Bureau (DICJ) show market-wide casino gaming revenue of MOP7.3b (US$914m), a 72.5% decline from the same month last year but…
Finance
Macau casino gambling revenue down ‘only’ 72.5% in October
Calvin Ayre

Macau casinos slow slide in December, second year of negative growth

Macau casino gaming revenue showed a modest flicker of life in December, but it wasn't enough to rescue a year of negativity. Figures released Friday by Macau's Gaming Inspection and Coordination Bureau (DICJ) show the special administrative region of China posted gaming revenue total of MOP7.8b (US$978m) in December, 65.8% below December 2019's…
Travel
Macau casinos slow slide in December, second year of negative growth
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