Good Morning. Macau firmly retook the throne in 2023, with gross gaming revenue totalling some $22.68 billion. The results were driven by an impressive December tally, only topped by October (due to Golden Week). The figures were bolstered by some 28 million tourists during the year, still shy of 2019 levels. Meanwhile, in the UAE, authorities put raffles and prize draws on hold, to establish a “well regulated gaming environment”. And in Saipan, the region’s casino commission has re-appointed an executive director as it attempts to negotiate with Imperial Pacific.
What you need to know
- Macau triggers its non-gaming spending clause, as December GGR results bring the 2023 tally to $22.68 billion.
On the radar
- UAE puts raffles and prize draws on hold from January 1st.
- Macau received 28.23 million tourists in 2023, a daily average of 77k.
- Saipan Casino Commission appoints executive director.
AGB Intelligence
MACAU
FY23 GGR tops $22 billion, triggering non-gaming spend clause
Gross gaming revenue in Macau continued to impress in December, with the six operators bringing in some $2.3 billion in December. The figure means that full-year numbers have now topped the MOP180 billion figure requiring an increase in operators’ non-gaming spend by up to 20 percent. Authorities have been hush about exactly how this will play out, even as operators up the ante to animate the city.
Corporate Spotlight
1xBet sums up 2023: Innovations, awards, partners and winnings
1xBet is writing a success story with you and is happy to share its achievements in 2023. During 2023, 1xBet extended sponsorship agreements with world-famous sports clubs, cooperated with new partners and ambassadors, collected awards, and paid millions of dollars in winnings!
Industry Updates
- Digitain’s Centrivo goes all-native with new iOS and Android applications.
- Wynn Macau hosts the inaugural “Wynn Signature Chinese Wine Awards”.
MEMBERSHIP | MAGAZINE | ASEAN | CAREERS
