Sport betting operator Macao SLOT Co Ltd posted a profit of MOP102.9 million (US$12.9 million) in 2013, its annual report shows. The document was published on Wednesday in the city’s Official Gazette. That is a 27.2 percent jump over its results in 2012, when the company had a profit of MOP80.9 million.
Macao SLOT – the name stands for Sociedade de Lotarias e Apostas Mútuas de Macau Lda – holds a de facto monopoly on non-racing sports betting in Macau, including football and basketball.
President Ng Chi Sing stated in its latest annual report that the popularity of the company’s services “is constantly increasing”. He added that Macao SLOT is looking to diversify its sport betting products and also upgrade its systems.
The company’s three-year concession runs until June 2015. U.S.–based Cantor Fitzgerald LP, which runs sports betting in several Las Vegas casinos, said in 2012 it was seeking to expand to Macau.
Oct 01, 2022Macau’s September casino gross gaming revenue (GGR) rose by 35.3 percent month-on-month, to MOP2.96 billion (US$366.3 million) from August’s nearly MOP2.19 billion, according to government data...
”With Star Vegas back to operation since 18 June 2022, we believe that Donaco will recover its performance and prevail during this pandemic”
Chairman of casino operator Donaco International