Sunday, June 26, 2022

Macau’s gaming operators cleared non-gaming goal in 2015


Macau’s six major gaming operators saw non-gaming revenue account for 9.4 percent of total revenue in 2015, achieving the 9 percent non-gaming goal set out by the Macau government last year.

Macau’s Five-Year-Development Plan, released last year - aimed for the gaming industry to increase its non-gaming revenue contribution from 6.6 percent in 2014 to 9 percent by 2020.

According to data from the Statistics and Census Bureau (DSEC), the gaming concessionaires brought in a total of MOP 23.9 billion (US$3 billion) in non-gaming revenue in 2015.

It is worth noting that non-gaming services offered through participation in gambling activities (whether free or discounted) were included.

Hotel services contributed to 41.2 percent of non-gaming revenue, followed by food and beverage at 23.4 percent and retail at 22.4 percent.

Direct non-gaming revenue, which did not include services offered through participation in gambling activities was MOP 15.3 billion in 2015, representing a 6.2 percent split of the casino sector’s overall revenue, according to the data.

In July last year, the MGTO in its new tourism plan estimated non-gaming revenue could reach MOP 112 billion by 2025.

The study also estimated total visitor arrivals could increase from 30.7 million visitors in 2015 up to 40 million arrivals by 2025.

The final version of the master plan is expected to be ready by mid-2017.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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