The total spending – excluding gaming expenses – of visitors to Macau fell by the seventh consecutive quarter measured in year-on-year terms, according to data released on Friday by the city’s Statistics and Census Service. Tourist spending for the period between April and June amounted to MOP11.70 billion (US$1.46 billion) compared to MOP12.25 billion in the prior-year period.
Quarterly non-gaming spending by visitors to Macau began declining – measured in year-on-year terms – in the fourth quarter of 2014.
Per-capita spending of visitors has also been decreasing year-on-year for seven consecutive quarters. It stood at MOP1,601 in the second quarter of 2016, down by 4.0 percent in year-on-year terms.
A statistics bureau analysis of the structure of non-gaming consumption showed that visitors spent money mainly on shopping, accounting for 43.4 percent of all non-gaming spending. That was followed by accommodation (26.8 percent), and food and beverages (20.9 percent).
Macau recorded a total of 7.31 million visitor arrivals between April and June, a year-on-year decline of 0.5 percent.
Casino gross gaming revenue (GGR) for the second quarter of 2016 was MOP51.61 billion, down by 9.2 percent in year-on-year terms. Monthly GGR in Macau has been declining – measured in year-on-year terms – since May 2014.
The slump in visitor non-gaming spend comes as the Macau government continues to pressure casino operators to increase the amount and type of non-gaming offerings available in new casino resorts under development on Cotai. Macau’s Secretary for Economy and Finance, Lionel Leong Vai Tac, has repeatedly stated that the government’s allocation of new-to-market gaming tables for such resorts would be made based on “consideration of several factors”, including the new non-gaming features to be offered by each property.
Under the Macau government’s proposed Five-Year Development Plan – a recently-announced package of social and economic policies covering the period 2016 to 2020 – the authorities want to see non-gaming revenue at the city’s casino resorts rise as a proportion of all revenue.
By 2020 the Macau government wishes to see such non-gaming revenue account on average for at least 9 percent of all revenue generated by casino operators, compared to an estimated 6.6 percent in 2014.
Apr 24, 2017The number of visitors to Macau in the first quarter of 2017 rose 5.6 percent year-on-year, to just over 7.87 million, according to data released on Monday by the city’s Statistics and Census...
Apr 24, 2017
Apr 24, 2017
Apr 24, 2017
Nov 23, 2016Hong Kong-listed casino equipment supplier Paradise...
Oct 27, 2016As Studio City – the US$3.2-billion, 2015 addition to...
May 26, 2016Macau’s pacapio Chinese lottery game will celebrate its...
May 18, 2016Russia-based Diamond Fortune Holdings Ltd says it has big...
Dec 31, 2015The year 2016 could see the coming of age of “destination...
"Many of the more sophisticated cheats are no longer detectable simply by video"
Vice president of global gaming at casino surveillance supplier Synectics