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Macau Jockey Club posts loss, to ask for license extension
Wednesday 8th of July 2015
The parent company of the Macau Jockey Club said its loss widened to about MOP51.25 million (about US$6.41 million) in 2014 and it intends to ask the government for an extension of its concession to run horse racing in Macau.
The Macau Racing Co. Ltd. disclosed the loss in the Official Gazette. In 2013, it had a loss of about MOP40 million.
The concession is due to expire on August 31.
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