• 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

Spend on Macau gaming services up 13 pct in 1Q

Jul 28, 2014 Newsdesk Latest News, Macau, Top of the deck  


Spend on Macau gaming services up 13 pct in 1Q

Visitor spending on gaming services expanded by 13.0 percent year-on-year in the first three months of 2014, while non-gaming spending rose by 6.6 percent according to a report issued on Monday by the Monetary Authority of Macao.

The figures use the gross domestic product accounting method, i.e., they are calculated as a proportion of service exports net of service imports.

In the same period, gross gaming revenue from Macau casinos rose by 19.8 percent according to earlier data from the city’s Gaming Inspection and Coordination Bureau.

Visitor spending in all service export categories achieved double-digit growth of 12.1 percent in the first quarter according to the monetary authority.

In 2013 as a whole, all visitor spending using the GDP accounting method also rose by 12.1 percent, from 6.9 percent in 2012, despite visitor arrivals only expanding by 4.4 percent during the period according to the authority’s Monetary and Financial Stability Review.

Also for 2013, the general economy registered a growth rate of 11.9 percent, up from 9.1 percent in the previous year.

The authority adds in its report on the numbers for 2013: “Service exports expanded at a brisk pace, bolstered by the robust growth and higher margins of the mass-market gaming segment.”

According to the gaming bureau, mass-market baccarat revenue surged by 38.3 percent year-on-year in 2013, significantly faster than the 13.1 percent rise of the VIP sector.

Visitor arrivals from mainland China, the top source of Macau tourists, grew by 15.8 percent to 8.6 million in the first five months of 2014. The share of mainland tourists arriving under Individual Visit Scheme visas rose to 44.4 percent from 42.5 percent in the same period of 2013, states the monetary authority.

Additionally, the authority confirmed that non-resident labour made up 40 percent of Macau’s employed workforce as of the end of May.

“Given the obvious shortage of local labour supply, imported workers increased by 28.4 percent year-on-year to 152,299 at the end of May 2014, representing around 40.0 percent of Macao’s employed population,” states the authority’s Monetary and Financial Stability Review.

It added that for the three-month period through to May 31, 2014, the unemployment rate edged down 0.1 percentage point to 1.7 percent compared to the same period in the preceding year.

“In the short term, imported labour will continue to be the most effective option for meeting the rising labour demand and expanding the productive capacity” of the city, the review stated.


  • tweet
Related articles
  • Macau bill still lets junkets process patron cash, chips
    Macau bill still lets junkets process...

    Aug 15, 2022  

  • Macau July GGR lowest month since 2003 show govt data
    Macau July GGR lowest month since 2003...

    Aug 01, 2022  

More news
  • Galaxy Ent 2Q EBITDA dips 41pct sequentially, 1H loss
    Galaxy Ent 2Q EBITDA dips 41pct...

    Aug 18, 2022  

  • GEN HK liquidators considering offers on Manila venue stake
    GEN HK liquidators considering offers...

    Aug 18, 2022  


Latest News

Galaxy Ent 2Q EBITDA dips 41pct sequentially, 1H loss

Galaxy Ent 2Q EBITDA dips 41pct sequentially, 1H loss

Aug 18, 2022  

Second-quarter net revenue at Macau casino operator Galaxy Entertainment Group Ltd declined 40.9 percent sequentially to HKD2.42 billion (US$309.0 million). Such revenue was down 56.4 percent from...
Read More
GEN HK liquidators considering offers on Manila venue stake

GEN HK liquidators considering offers on Manila venue stake

Aug 18, 2022  

Kangwon 2022 rev US$1bln if Covid easing holds: broker

Kangwon 2022 rev US$1bln if Covid easing holds: broker

Aug 18, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

"We warn the cross-border gambling crime suspects to stop their criminal acts, to return to the country, and turn themselves in so that they could still be granted lenient treatment"

Wang Wenbin

Spokesman from China’s Ministry of Foreign Affairs



Most Popular

  • Singapore’s Gambling Regulatory Authority inauguratedSingapore’s Gambling Regulatory Authority inaugurated August 16, 2022
  • China restates action on overseas-bet fugitivesChina restates action on overseas-bet fugitives August 17, 2022
  • Macau GGR 8-14 Aug US$10mln/day, up 120pct: brokerageMacau GGR 8-14 Aug US$10mln/day, up 120pct: brokerage August 16, 2022
  • David Chow exits board of casino services biz Macau LegendDavid Chow exits board of casino services biz Macau Legend August 17, 2022
  • Macau drops professional secrecy override from junket billMacau drops professional secrecy override from junket bill August 16, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us