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ISSUE 118 - Feb 2014
 
 
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2014?
Decline
Growth above 10 percent
Growth from 0 to 10 percent
Stagnation
 
 

Govt adamant about ban on gambling outside casinos


Posted: 2/21/2014 12:07:15 PM
Rating:     0% ( votes)
  

The government will ban all slot machine parlours and betting centres outside casino premises, Secretary for Economy and Finance Francis Tam Pak Yuen has reiterated.

“Our goal is to eliminate all slot parlours not situated in casinos,” Mr Tam told the Legislative Assembly.

He said the government’s intention was to impose a similar ban on betting centres outside casinos.

He said the purpose was to avert the adverse social effects of gaming by removing the temptation to gamble from residential areas.

Mr Tam did not say when the bans would be imposed.



Other Macau Latest News

Macau international trade, investment fair opens

Attended by people from over 50 economies, some never before represented

September visitors increase by 3 pct to 2.41 mln

More tourists come from the mainland, but fewer from Hong Kong or Taiwan

Round-the-clock border opening expected soon

Mainland authorities preparing facilities on their side of Hengqin crossing

Govt opts for Avenida 24 de Junho route for LRT

Transportation Infrastructure Office accepts architect’s waterfront idea
Headlines

Tam expects gaming revenue to keep falling

Economy secretary says declining trend of revenue may persist until 2015H1

Galaxy Entertainment scraps apartment hotel plan

The expanded Galaxy Macau is set to have a bigger five-star hotel instead

Analysts envisage mass-market gaming predominating

Predict mass market will soon contribute over half of casino gaming revenue

Jimei boss fails to buy all of Sinogreen Energy

Owners of 0.005 pct of Sinogreen Energy stock accept mandatory cash offer

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