Press releases and filings by all six Macau concessionaires have revealed their non-gaming investment commitments will increase by 20% if Macau-wide GGR exceeds MOP$180 billion in any of the first five years of the new concession period, that is in any year from 2023 to 2027 inclusive.
The additional non-gaming investment commitment reduces by 4% per year thereafter, as follows:
- In 2028: 16% additional commitment
- In 2029: 12% additional commitment
- In 2030: 8% additional commitment
- In 2031: 4% additional commitment
- In 2032: no additional commitment
On Friday Macau’s six concessionaires committed to a combined MOP$108.7 billion in non-gaming investment commitments over the ten-year period of the new concessions, from 1 January 2023 to 31 December 2032.