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Macau imposes emergency on operators by allocating game tables and slot machines

As a result, the Macau government announced the allocation of tables and slot machines after announcing that it would reduce the number of tables and slots under the new concession plan to 6,000 and 12,000 respectively. 카지노사이트 순위

The CEO made a public announcement earlier this year. T he CEO pointed out that “the total number of game tables and consoles that will be granted for new game operations from early next year will be limited by the actual number of game tables and consoles operating in Macau.”

The Gaming Act imposes various taxes and charges on table and slot operators, with GGR-based charges alone accounting for 39% of operating revenue. Under Section 20 of the new Macau Gaming Act, the minimum annual gambling revenue per table is set at MOP $7 million ($870,000) and the minimum annual gambling revenue per game console is set at MOP $300,000 (37,500).

The move will reduce the number of tables by 13% from the 6,925 allowed under the previous concession period ending December 31, 2022, and will reflect a 3% reduction from the final official tally of 12,387 units for slot machines as of the end of September.

Typically, if 6,000 game tables were approved with a minimum annual gambling revenue of $7 million per table and 12,000 game machines were approved with a minimum annual gambling revenue of $300,000 per machine, the total minimum gambling revenue for both game tables and machines would be $45.6 billion ($5.7 billion).

The estimated value may be based on the expected 2022 gross accrued revenue level, as Macau posted a GGR of $38.7 billion ($4.83 billion) at the end of November 2022. The recent decision by Macao authorities to open gambling facilities and approve a 5% tax break for operators to attract foreign visitors to the region during the holiday season could help reflect 2022 revenue values in their projected figures.

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