Apr 24, 2014,
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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

Casino daily run rate rises in week ended April 21

Table-only gross gaming revenue amounts to MOP21.8 bln in first three weeks

Galaxy Entertainment to reopen Grand Waldo in 2015

Vice-chairman says the refurbished complex will be meant for families

CLSA predicts US$90 bln gaming revenue in 2018

Broker says opening of new casinos in Cotai will cause surge in revenue

Govt asks Beijing for more land on Hengqin Island

Chief Executive says Macau also wants jurisdiction over surrounding waters
Headlines

Govt to review rules on VIP gaming rooms

Chief Executive says changes will be discussed when gaming licences renewed

Crown Resorts prepares bid for Las Vegas casino

Packer company in the running for the Cosmopolitan casino and hotel complex

Broker tips April gaming revenue to rise 5-10 pct

Sterne Agee keeps its forecast of revenue for 2014 despite April run rate

Sands China is casino market leader in early April

Has slightly bigger share of gaming revenue than SJM in first two weeks

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1. Goldman Sachs keeps 2014 gaming revenue forecast
2. Melco Crown seeks partners for Japanese casinos
3. Casino smoking ban to stay unchanged, says govt
4. Sands China is casino market leader in early April
5. Q1 mass-market baccarat revenue MOP28.49 bln
 
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