Non-gaming investments rise, but revenues decline amid Japan, Thailand threats

At the end of this year’s third quarter, Macau’s gaming revenue reached MOP55.6 billion (approximately USD6.95 billion), with non-gaming revenue improving to 13.8% of total casino income, a notable increase from earlier in the year.

However, Lee said this figure is a decline from the non-gaming revenue peak of 22% in 2021.

Lee was skeptical about Japan’s imminent entry into the gaming market, predicting no casinos will open until at least 2030 due to regulatory hurdles.

With plans for new gaming legislation expected by May, Thailand is poised to introduce multiple licenses for casinos.

He noted that while Macau had previously attracted a significant number of international tourists, recent figures indicate a decline in foreign visitors.

Non-gaming investments rise, but revenues decline amid Japan, Thailand threats

Non-gaming investments rise, but revenues decline amid Japan, Thailand threats

Non-gaming investments rise, but revenues decline amid Japan, Thailand threats

Non-gaming investments rise, but revenues decline amid Japan, Thailand threats

Non-gaming investments rise, but revenues decline amid Japan, Thailand threats