Good Morning: Vroom vroom. That’s the sound of gamblers leaving the room. Macau’s Grand Prix, despite bringing in a swath of tourists, mostly from Hong Kong, is actually driving away punters. Congestion and limited access to casinos means that higher-end gamblers are choosing to stay away, notes expert Ben Lee. Meanwhile, the Asian Racing Federation says that increased taxation on sports bets is likely to drive gamblers to illegal alternatives.

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Macau Grand Prix 2023

Macau Grand Prix drives away punters

One of Macau’s top events of the year, the Macau Grand Prix, which this year celebrated its 70th anniversary via a two-weekend affair, is actually driving punters away from the territory, notes expert Ben Lee in this week’s Under the Scope. The increased congestion and foot traffic repelled potential gamblers, even as the city celebrated non-gaming clients who came for the event.

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1xBet – The Leading Bookmaker With Worldwide Reputation

1xBet, Barcelona_Partnership

Since 2007, 1xBet has grown from a small startup to a giant in the sports betting industry. Today, the company successfully operates worldwide, and the bookmaker’s website and app are visited by millions of players monthly. 

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