Oct 20, 2014,
  CEO Profile
  Economy & finance
  Greater China
  MB Report
  News in brief
  Pearl River Delta
  Politics & diplomacy
  Sponsored Articles
ISSUE 118 - Feb 2014
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2014?
Growth above 10 percent
Growth from 0 to 10 percent

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

MGM China’s project in Cotai faces slight delay

Co-chairman says costs, lack of labour may hinder opening of casino-resort

JL Warren expects flat 2014 casino gaming revenue

Research house forecasts annual fall of 20 pct in October casino takings

Gaming takings show quarterly decrease of 8.9 pct

But revenue from slot machines rises by MOP100 mln in Q3 to MOP3.7 bln

Nightspots cannot postpone smoking ban, govt says

Health official bemoans smokers sneakily puffing away in casino toilets

Analyst predicts US$100 bln casino market in 2020

But Wells Fargo’s Cameron McKnight says Macau must first deal with ‘issues’

Baccarat no longer quite the money-spinner it was

Casino takings from the VIP and mass markets for the game dwindle in Q3

Sands China Q3 net profit ticks up to US$644.6 mln

But, in a sign of the times, the casino operator’s revenue drops slightly

Telsey regards Macau gaming stocks as good bets

As Q3 earnings reporting season looms, says margins are the main unknown

No Comments

No comments yet.

Sorry, the comment form is closed at this time.

1. Galaxy Entertainment leads September gaming market
2. Wells Fargo says casinos quiet since holidays
3. Late opening of Manila casino will entail penalty
4. Options give Galaxy Entertainment the thumbs down
5. Telsey regards Macau gaming stocks as good bets
Nasdaq 4,316.08 +57.637
S&P 500 1,904.01 +17.25
DJ Stoxx 50 2,927.30 -34.94
DAX 8,717.76 -132.51
FTSE 100 6,267.07 -43.22
Nikkei 225 15,111.23 +578.721
Hang Seng 23,070.26 +47.049
STRAITS TIMES INDEX 3,181.05 +13.32
S&P/ASX 200 5,319.40 +47.700
More >>
  Home The Magazine Subscribe Advertising Events MB Specials Contact Us  
Copyright © Macau Business 2010. All rights reserved.