Respondents favour six concessions, reducing the licence to less than 20 years, and appointing government representatives.
gaming
Government has only collected about half the MOP 50 billion it predicted for gaming tax this year, plans to dip into financial reserves again.
Covid-19 Delta cluster blamed for poor numbers; insiders suggest this year’s GGR will fail to meet government’s target.
Record numbers of visitors, drawn by Macao’s healthy reputation, are streaming back into the city bound for its casinos.
Melco Resorts held a 24.6% share of local gaming revenues between January and September, followed by Sands China at 19.5%.
The average earnings (excluding bonuses) of the gaming sector’s full-time employees amounted to MOP 23,200 (US$ 2,900) in June, a year-on-year decrease of 5.5%.
Global Gaming Expo (G2E) Asia said in a statement on Thursday that it is rescheduling its events scheduled for this year in light of the ongoing COVID-19 pandemic.
Galaxy Entertainment Group (GEG) Chairman Lui Che Woo said today that “the Macao government continues to perform admirably throughout the [Covid-19] pandemic”.
The 2020 ASEAN Gaming Summit that was to take place in Macao has been cancelled, announced today by its organisers.
