• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Gaming injects US$743mln capital into Macau last year

Oct 15, 2018 Newsdesk Latest News, Macau, Top of the deck  


Gaming injects US$743mln capital into Macau last year

Almost MOP6 billion (US$743.21 million) in capital was invested in the Macau economy by the gaming sector last year, according to data released by local government’s Statistics and Census Service.

The recently-released data showed that about MOP4.09 billion – some 68.2 percent of the total – was capital that originated from outside Macau, i.e., foreign direct investment. The proportion was the same as the year before, official data indicated.

Last year, Macau recorded a total inward direct investment of MOP20.2 billion, of which 76.3 percent originated from outside Macau.

Of the 2,808 enterprises across all of Macau’s industries that registered inward direct investment last year, 1,700 had capital from Hong Kong, 755 had capital from mainland China and 203 had capital from the British Virgin Islands, the statistics bureau data showed. The remaining 150 businesses received their investment from elsewhere.

Macau, mainland China and Hong Kong are considered independent economies for the purposes of the report.

Capital investment in the gaming sector was the number two contributor to Macau’s total direct investment last year. The banking sector was the biggest-single contributor, delivering MOP9.97 billion in investment, and about 77.4 percent was considered foreign capital.

The equity capital of enterprises in the hotels and restaurants sector in Macau with inward direct investment amounted to MOP290 million last year, 87.2 percent of it from outside Macau – a proportion marginally greater than the year before.

The cumulative stock of inward direct investment contributed by the gaming sector declined in year on year terms, but after-tax income derived from that investment in 2017 rose by 34.5 percent – reversing the decline registered in 2015 (-47.5 percent) and 2016 (-6.4 percent).


  • tweet
Related articles
  • 4Q decline in Macau gaming workforce with few vacancies
    4Q decline in Macau gaming workforce...

    Mar 06, 2023  

  • Notable drop in underemployed Macau gaming workers: govt
    Notable drop in underemployed Macau...

    Feb 27, 2023  

More news
  • Philippines must strengthen junket AML controls: watchdog
    Philippines must strengthen junket AML...

    Mar 22, 2023  

  • Vietnam’s Hoiana says has several partners to bring biz
    Vietnam’s Hoiana says has several...

    Mar 22, 2023  


Latest News

Philippines must strengthen junket AML controls: watchdog

Philippines must strengthen junket AML controls: watchdog

Mar 22, 2023  

Anti-money laundering (AML) controls in the Philippines’ casino sector need to be strengthened, says an analysis report by the country’s AML watchdog. The body pointed the finger at the junket...
Read More
Vietnam’s Hoiana says has several partners to bring biz

Vietnam’s Hoiana says has several partners to bring biz

Mar 22, 2023  

Jennifer Kartono named chief HR officer of Crane NXT

Jennifer Kartono named chief HR officer of Crane NXT

Mar 22, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”We are seriously considering the privatisation of all Pagcor-operated casinos”

Alejandro Tengco

Chairman and chief executive of the Philippine Amusement and Gaming Corp (Pagcor)



Most Popular

  • Universal Ent seeks to end SPAC deal for Okada Manila listingUniversal Ent seeks to end SPAC deal for Okada Manila… March 20, 2023
  • Macau GGR for March 1 to 19 at US$845mln: JP MorganMacau GGR for March 1 to 19 at US$845mln: JP Morgan March 20, 2023
  • Let’s Win hosts grand opening for club at Hoiana in VietnamLet’s Win hosts grand opening for club at Hoiana in… March 20, 2023
  • Macau ops getting overseas visitors via private jets: reportMacau ops getting overseas visitors via private jets: report March 21, 2023
  • US$165mln syndicated loan for Hann Reserve, says promoterUS$165mln syndicated loan for Hann Reserve, says promoter March 20, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us