• 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

World Cup 2014 bets fuel Macau Slot profit

Jul 15, 2015 Newsdesk Latest News, Macau, Top of the deck  


World Cup 2014 bets fuel Macau Slot profit

Macau sports betting concessionaire Macau Slot Co Ltd posted an 18.4-percent rise in profit for 2014, thanks to a boost in betting revenue linked to that year’s FIFA World Cup soccer tournament.

Macau Slot’s results, published on Wednesday in the Macau government’s Official Gazette, show a profit of MOP121.84 million (US$15.26 million) in 2014, up from MOP102.90 million in the previous year.

The main reason for the increase was a 42.7 percent growth to MOP598 million in revenue from football bets, thanks to the World Cup tournament that took place between June 12 and July 13 last year. Total betting on football reached MOP6.04 billion last year, up from MOP4.96 billion in 2013, according to data from Macau’s gaming regulator, the Gaming Inspection and Coordination Bureau.

Betting on basketball also went up by 14.9 percent year-on-year in 2014 to MOP2.08 billion. Macau Slot’s revenue from basketball bets however fell by 8 percent from the previous year to MOP138 million.

The Macau Slot board said it had been updating and improving the products it offers to customers. The company is also “looking for diversified sports betting products,” it added in a statement accompanying the results.

The firm said it launched last year a mobile phone version of its website “providing more flexibility” to customers.

Macau Slot, which last month saw its sports betting concession extended to June 5, 2016, is part of the business empire built by Stanley Ho Hung Sun, founder of Macau casino operator SJM Holdings Ltd.

Macau Slot’s management board is chaired by Louis Ng Chi Sing, who is also an executive director of SJM Holdings, as well as being SJM Holdings’ chief operating officer, according to the latter firm’s website.


  • tweet
Related articles
  • Macau Legend US$152mln loss, eyes Macau ops after 2022
    Macau Legend US$152mln loss, eyes Macau...

    Jun 29, 2022  

  • Moody’s confirms SJM Holdings’ ratings, negative outlook
    Moody’s confirms SJM...

    Jun 27, 2022  

More news
  • IGT completes US$165mln acquisition of iSoftBet
    IGT completes US$165mln acquisition...

    Jul 05, 2022  

  • Macau publishes amendment to public tender regulation
    Macau publishes amendment to public...

    Jul 05, 2022  


Latest News

IGT completes US$165mln acquisition of iSoftBet

IGT completes US$165mln acquisition of iSoftBet

Jul 05, 2022  

Casino equipment maker and digital gaming content provider International Game Technology Plc (IGT) says it has completed a process to acquire iSoftBet for approximately EUR160 million (US$164.6...
Read More
Macau publishes amendment to public tender regulation

Macau publishes amendment to public tender regulation

Jul 05, 2022  

Macau’s Grand Lisboa cordoned amid 13-case Covid cluster

Macau’s Grand Lisboa cordoned amid 13-case Covid...

Jul 05, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”I thought they were wise to recommend five locations across the kingdom [for casino resorts] rather than one or two locations in Bangkok”

Andrew Klebanow

Principal at industry consultancy C3 Gaming Group



Most Popular

  • Four Seasons Macao shops paused on Covid casesFour Seasons Macao shops paused on Covid cases July 4, 2022
  • GKL sees June casino sales up 34pct sequentiallyGKL sees June casino sales up 34pct sequentially July 4, 2022
  • Macau ops all likely had negative 2Q EBITDA: JP MorganMacau ops all likely had negative 2Q EBITDA: JP Morgan July 4, 2022
  • Macau due 3 new rounds of Covid tests, more than 850 casesMacau due 3 new rounds of Covid tests, more than 850… July 4, 2022
  • Public backing vital for a Thailand casino biz: expertsPublic backing vital for a Thailand casino biz: experts July 4, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us