Macao’s top finance official says the proportion is ‘the minimum standard’ expected from the city’s six gaming operators.
Macao’s six gaming concessionaires
By the end of October, the government’s income from gaming taxes had already edged past its target for the whole year.
After comparing first-quarter results from all six concessionaires, a top consultant hails MGM for pulling off particularly impressive jumps in gaming revenue and earnings.
The exclusive facilities seem to have been set up in response to official calls for Macao to reduce its dependence on the mainland Chinese gaming market.
A report by JP Morgan says the casinos’ ability to run tighter operations is going to significantly boost profits in the coming years.
