The amount of revenue collected from Macau’s six gaming operators has fallen to just 45.6 percent of the government’s budget given the effects of the pandemic.
Macau said it has collected MOP67.2 billion ($8.4 billion) in tax revenue from gaming operators in the seven months through July, more than two thirds of its forecast for the year.
Sega Sammy Holdings President and COO Haruki Satomi revealed at a briefing on April 26 that his company was budgeting up to JPY3 billion ($27 million)
Osaka city has released its FY2019 budget proposal in which a total of JPY163 million (about $1.5 million) is earmarked for direct IR-related expenses
The Macau government is expecting total expenditure in 2018 to be more than MOP109.6 billion (US$13.6 billion), a 14.5 percent increase from the budge
The Philippines government has directed Philippine Amusement and Gaming Corp. (Pagcor) to sell its casinos in order to raise funds to support the prop
Macau industry observers, gaming analysts, and even casino operators are now admitting that the decade-old party has run out of steam, if not over. The “build it and they will come” maxim and its attendant hubris that has characterized the Macau gaming...
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