• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Saturday 2 August 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Macau government sets number of gambling tables and machines for new concessions from 1 Jan 2023, and minimum revenue requirements for gaming tax purposes

Pierce Chan by Pierce Chan
Fri 26 Aug 2022 at 19:31
Macau has fallen
106
SHARES
2.6k
VIEWS
Print Friendly, PDF & Email

The Chief Executive of Macau announced today (Friday) that from 1 January 2023 the number of gambling tables and the total number of gaming machines in Macau will be limited to 6,000 and 12,000 respectively. The minimum annual gambling revenue for the purposes of Article 20 of the new Macau gaming law per table has been set at MOP$7 million and the minimum annual gambling revenue per gaming machine is MOP$300,000.

The Chief Executive made the announcements in the Macau Gazette. The Chief Executive pointed out that according to the Gaming Law, “the total number of gaming tables and gaming machines to be granted for new gaming operations starting from early next year will be capped according to the actual number of gaming tables and gaming machines in operation in Macau.”

“If the average gaming revenue of concessionaires’ gaming tables or gaming machines does not reach the lower limit, concessionaires shall pay a special premium equal to the difference between the average gaming revenue of the concessionaires’ gaming tables or gaming machines and the lower limit.”

The Government noted that “the special premium is to encourage the grantee to make good use of the approved gaming tables and gaming machines.”

If 6,000 gaming tables are approved at a minimum annual gambling revenue per table of MOP$7 million, this implies annual gambling revenue from gaming tables of MOP$42 billion minimum. For 12,000 gaming machines at the minimum annual gambling revenue per machine of MOP$300,000 implies a minimum annual gambling revenue from gaming machines of MOP$3.6 billion. The total minimum gambling revenue for both gaming tables and machines would therefore be MOP$45.6 billion.

However, Macau’s GGR from January to July this year was only MOP$26.7 billion. At this prevailing run rate, the GGR for 2022 would be MOP$45.8 billion, only 0.4% above the minimum revenue announced today. This mean the Chief Executive has used almost exactly the GGR to date for 2022 as the minimum requirement for 2023.

During 2022 Q2, which was heavily affected by the pandemic, Macau’s GGR was only MOP$8.5 billion. Were Macau to suffer this level of business – admittedly close to a worst case scenario – it would imply an annual GGR run rate of MOP$34.0 billion, which would increase the effective rate of special gaming tax from around 40% to around 54%, a devastating result for Macau’s six casino concessionaires, and predicted as a possibility (to the precise amount of 54%) in a prior IAG article. However, the government announced in May this year that the Chief Executive would have the power to alter the minimum revenue requirements depending upon prevailing economic conditions.

Macau’s gross gaming revenue in 2019, 2020 and 2021 was MOP$292.5 billion, MOP$60.4 billion and MOP$86.9 billion respectively.

 

RelatedPosts

Macau GGR up 19% year-on-year to MOP$22.1 billion in July, sets new post-pandemic record

Macau GGR up 19% year-on-year to MOP$22.1 billion in July, sets new post-pandemic record

Fri 1 Aug 2025 at 12:49
Melco’s long-stalled Countdown Hotel at City of Dreams to be converted into 150-key all-suite hotel

Melco’s long-stalled Countdown Hotel at City of Dreams to be converted into 150-key all-suite hotel

Fri 1 Aug 2025 at 06:45
Wynn Macau named Official Venue Partner for Asia’s 50 Best Restaurants 2022

Wynn Macau locks in US$1 billion increase to facilities agreement

Fri 1 Aug 2025 at 06:20
The changing face of Macau

Melco beats forecasts again in 2Q25 as Macau resorts drive 16% increase in gaming revenues to US$1.1 billion

Fri 1 Aug 2025 at 05:08
Load More
Tags: gaming machinesgaming tablegaming tablesMacau
Share42Share7
Pierce Chan

Pierce Chan

With more than five years’ experience working as a journalist in Macau, Pierce is an experienced media operator with strong skills in news writing and editing. He previously worked with Exmoo, first as a reporter covering government, gaming and tourism-related stories, then as a Deputy Assignment Editor helping set the agenda of the day. Pierce is a graduate of the University of Macau.

Current Issue

Editorial – Better late than never

Editorial – Better late than never

by Ben Blaschke
Thu 31 Jul 2025 at 07:13

Inside Asian Gaming has in recent weeks been hearing increasing chatter around a possible move by Vietnamese authorities to introduce...

Angel’s Yasushi Shigeta

Angel’s Yasushi Shigeta

by Ben Blaschke
Thu 31 Jul 2025 at 07:08

Yasushi Shigeta, Chairman and owner of one of the world’s largest gaming industry suppliers, Angel Group, sits down with Inside...

The Magic Number

The Magic Number

by David Bonnet
Thu 31 Jul 2025 at 06:41

In this in-depth deep dive into the evolution of the Asian gaming landscape, David Bonnet argues that many regional jurisdictions...

Rashid Suliman – A road well traveled

Rashid Suliman – A road well traveled

by Ben Blaschke
Thu 31 Jul 2025 at 02:45

Rashid Suliman, Vice President of Global Gaming Asia-Pacific for casino solutions provider TransAct Technologies, provides some insight into his unique...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
HKUST
NWR

Related Posts

Star to open AU$3.6 billion Queen’s Wharf Brisbane development on 29 August

Star’s Hong Kong partners officially terminate Queen’s Wharf Brisbane acquisition deal

by Ben Blaschke
Fri 1 Aug 2025 at 13:02

Star Entertainment Group’s Hong Kong partners have officially closed the door on a deal that would have seen them acquire Star’s 50% stake in their AU$3.6 billion Queen’s Wharf Brisbane development. In a Friday release, Star confirmed that Chow Tai...

Macau GGR up 19% year-on-year to MOP$22.1 billion in July, sets new post-pandemic record

Macau GGR up 19% year-on-year to MOP$22.1 billion in July, sets new post-pandemic record

by Ben Blaschke
Fri 1 Aug 2025 at 12:49

Macau’s casinos recorded gross gaming revenue of MOP$22.13 billion (US$2.73 billion) in July, up 19.0% year-on-year and setting a new post-pandemic record, according to information from the Gaming Inspection and Coordination Bureau (DICJ). The month-on-month rise comes largely unexpected, with...

Melco’s long-stalled Countdown Hotel at City of Dreams to be converted into 150-key all-suite hotel

Melco’s long-stalled Countdown Hotel at City of Dreams to be converted into 150-key all-suite hotel

by Ben Blaschke
Fri 1 Aug 2025 at 06:45

Melco Resorts & Entertainment has revealed new plans for its long-stalled Countdown Hotel transformation project at City of Dreams Macau, with the tower to be rebranded and its existing 330 standard hotel rooms converted into 150 high-end suites. The renovation...

Wynn Macau named Official Venue Partner for Asia’s 50 Best Restaurants 2022

Wynn Macau locks in US$1 billion increase to facilities agreement

by Newsdesk
Fri 1 Aug 2025 at 06:20

Wynn Macau Ltd said in a Thursday filing that it has reached an agreement with its lenders to increase the amount available under a revolving facilities agreement by US$1 billion. The total amount made available by lenders under the facility...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English