Macau Chief Executive Officer Ho Iat Seng said: Executive Order Today announced that the maximum number of gaming tables and slot machines for all gaming operators in the future will be limited to 6,000 and 12,000 respectively.
of another executive order Also released today, Mr. Ho announced that the annual gross revenue per gaming table will be MOP7 million and the annual gross revenue per slot machine will be MOP300,000.
Both of these caps will apply to six new gaming concessors from January 1, 2023, and their proposals must be submitted by September 14th. This is the first time a government has set official caps on both the number of gaming tables and income.
according to data Six operators operated a total of 6,006 gaming tables and 12,042 slot machines in the second quarter of this year.
In 2019, before the Covid-19 pandemic, there were 6,739 gaming tables and 17,009 slot machines.
According to Section 20 of the Gaming Act, “if the average gross income from a gaming table or slot machine [gross revenue] If set by this executive order, the concessionaire must pay a special surcharge equal to the difference between the average gaming revenue of the concessionaire’s gaming tables or machines and the floor. ”
