Daily Asia Gaming eBrief: Macau operators on non-gaming balance beam

Tuesday 9th of April 2024

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Good Morning. Non-gaming is the name of the game, with Macau in particular aiming to refocus itself to concentrate on a younger demographic less keen on the tables. Experts note, however, that GGR is still a major driver for the necessary investment involved in non-casino experiences. Meanwhile, Singapore moves to further limit access to casinos, imposing a ban on those receiving criminal legal aid. And back to Macau, GGR for FY24 is expected to rise by a third compared to last year, according to analysts.

What you need to know

Non-gaming investment requirements for Macau gaming concessionaires already altering the landscape of the SAR, say gaming experts.
Singapore bars individuals receiving criminal legal aid from entering casinos, jackpot rooms, or accessing betting accounts
Macau’s 2024 GGR is projected to increase by 34 percent from 2023, reaching $30.3 billion: CLSA.

On the radar

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Melco Resorts’ executives, CEO, included in $9M restricted share grant.
VGCCC implements new standards to better inform wagering account holders.
Genting promises $1 billion in taxes if granted NYC casino license.

AGB Intelligence

MACAU

Macau's non-gaming balance beam: investment and return

Macau's shift to a non-gaming focus has operators on a balance beam, trying to weigh increased visitation with financial return. Experts tell AGB that diversification is a solid goal for any gaming jurisdiction, but that gross gaming revenue is still key, even as a younger demographic tends to be more predominant.

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