Scientific Game

Macau’s MICE industry held back by mainland access difficulties

Thursday, 16 November 2017 06:29
Share
Visit us

The Chairman of MGS Entertainment Show organizer the Macau Gaming Equipment Manufacturers Association, Mr Jay Chun, says Macau’s MICE industry continues to be hampered by poor mainland China access.

The comments were made during an interview with Inside Asian Gaming at the MGS Entertainment Show – which is celebrating its 5th anniversary at the Venetian Macau this week – on Wednesday. Asked about the primary challenges facing the city’s MICE industry, Mr Chun said, “I think for Macau there are two things. One is that mainland access is not easy, particularly for senior officials to travel to Macau. I think this is a big problem.

“The other, which is similar, is that if you want to bring an exhibitor and their guests to Macau and then take them back to the mainland it is very, very difficult to clear customs.

“These are some of the main problems.”

The Macau government currently offers certain subsidies to organizers of MICE events with the aim of enhancing the competitiveness of Macau’s MICE industry.

Under the terms of the Convention and Exhibition Stimulation Programme, which came into effect in February, qualifying MICE events are entitled to a 10% subsidy on accommodation expenses for a maximum of five nights; MOP$300 in food and beverage expenses for each participant; a fixed amount grant of HK$1,200, HK$4,000 or HK$7,000 for keynote speakers and delegation heads from Hong Kong, mainland China and Asia or outside of Asia respectively; 50% of marketing costs up to MOP$100,000; a maximum MOP$80,000 in transport costs such as the hiring of shuttle buses; and a maximum MOP$200,000 for event management fees of local organizers.

However, tight restrictions on access from mainland China, particularly since the Central Government ramped up its anti-graft campaign in 2013, continue to limit the growth of MICE in Macau, according to Mr Chun.

He added that the problem could be aided by closer direct cooperation between the Chinese government and organizers of individual events, but said he expected the process to be easier for MGS in 2018 after gaining “official listing” as a UFI Approved Event. China also holds an official role on the board of the MGEMA through the Economic Affairs Department of the PRC’s Liaison Office in Macau.

What's new

Korean state-owned casino operators tumble in annual government performance assessment

Korean state-owned casino operators tumble in annual government performance assessment Korean casino operator Grand Korea Leisure (GKL) has received the lowest possible E grade in the government’s annual evaluation of management performance among public institutions. GKL was one of two companies to receive the low mark alongside Korea Coal Corporation, with the evaluation focusing ... Thursday, 21 June 2018 06:47

Macau floating casino developer never signed final contract with operator: report

Macau floating casino developer never signed final contract with operator: report The company flagged to help develop and build Macau’s first floating hotel and casino – The Dragon Pearl Casino Hotel – has revealed that it never managed to sign a final contract for the ambitious project with operator Dragon Corp. As revealed by Macau News Agency this week, Norway’s Brova... Thursday, 21 June 2018 06:18

Macau’s Emperor Entertainment confident in prospects despite 8.1% gaming decline

Macau’s Emperor Entertainment confident in prospects despite 8.1% gaming decline Macau casino operator Emperor Entertainment Hotel Limited, which runs the Grand Emperor Hotel and Inn Hotel Macau, has declared its future prospects bright despite a 7.1% decline in revenue for the year ended 31 March 2018, including an 8.1% fall in revenue from gaming operations. Emperor Entertain... Thursday, 21 June 2018 05:23

Japan extends Diet session to pass long-awaited IR bill

Japan extends Diet session to pass long-awaited IR bill Japan’s lower house has voted to extend the current Diet session until 22 July in order to pass key legislation, including the long-awaited IR Implementation Bill. The IR bill passed through the lower house on Tuesday but was in danger of stalling again with the standard 150-day Diet session orig... Wednesday, 20 June 2018 18:50

Current Issue

Tribal Ambition

Tribal Ambition By Muhammad Cohen and Ben Blaschke   Mohegan Gaming and Entertainment CEO Mario Kontomerkos believes the Native American casino operator has two aces in the hole for Japan, especially when it comes to the so-called regional markets beyond major areas. In his presentation at last month’s Japan ... Monday, 04 June 2018 20:55

Social Gathering

Social Gathering By Shaun McCamley   Social casino gaming is booming. In 2017, the global social gaming industry generated a whopping US$106 billion in revenues, with the social casino segment generating US$4.5 billion in revenues. Not surprisingly China, Japan and Korea generated 90% of the games revenue in the... Monday, 04 June 2018 20:44

Redefining Tourism

Redefining Tourism By Muhammad Cohen   In an era when tourism constitutes a growing portion of the global economy, integrated resorts present a potent although frequently misunderstood means for growing visitor arrivals and revenue. It’s not simply the casino but their range of attractions that make IRs such powe... Monday, 04 June 2018 20:37

Japan IR Timeline

Japan IR Timeline By Ben Blaschke   What year for Japan’s first IR? It’s a question that continues to divide industry stakeholders, the answer further clouded by the substantial disparity in opinion offered at last month’s Japan Gaming Congress (JgC) in Tokyo. At the nearer end of the scale, members of the... Monday, 04 June 2018 20:27