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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

January visitors decrease 1.5 pct to 2.47 mln

Fewer tourists come from Macau’s three main sources, but more Koreans visit

Hotel room rates drop for Lunar New Year holidays

Lower occupancy rates in all categories suggest reason for the decreases

Chui says govt curbs on housing market are enough

Chief executive says conditions fail to justify changes in measures taken

Deutsche Bank’s 2015 gaming revenue gloom deepens

Expects even steeper annual fall than before on recent below-trend results
Headlines

Retail sales value grows only marginally in 2014

Newspaper says anti-graft drive, protests deterred shoppers from mainland

Govt secretary denies cap set on mainland tourists

Alexis Tam says any measures against overcrowding will be applied gradually

SJM Holdings earnings shrink to HK$7.8 bln in 2014

Gaming revenue drops to HK$79.3 bln as betting by high-rollers shrivels

Q4 visitor spending drops 13.9 pct to MOP14.05 bln

Spending per visitor falls by 20.2 pct as mainlanders tighten purse strings

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