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Showing posts from February, 2023

To direct VIP and premium mass

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may24 “Redeeming a night in a hotel room might mean players would need to bet HK$100,000 in the past, but now they might only need HK$10,000, or even less,” the officer said. Lowering the threshold for granting such “gifts” is largely related to rising competition, they added, stating, “In the past, the turnover of a customer in a VIP room was almost equal to 100 customers in the mass market. Every VIP room had its own scope of customers, but this kind of customer has decreased nowadays. “We have to attract more customers from the mass market in order to cover the loss [of VIPs], and giving away nights in hotel rooms is a good way to attract new customers. The competition is intense. Casinos are not only competing with other casinos in attracting customers but also in achieving their company’s sales targets.” The team of the interviewed employee targets quarterly rolling of MOP$7 billion (US$870 million) from the customers it brings in. “Gaming operators tend to hire experienced employ...

Fiscalização do Governo

feve24 Macau’s six casino concessionaires have again been exempted from paying complementary income tax on the profits of their gambling operations. The latest exemption covers the period January 1, 2023 to December 31, 2027, according to a Macau government dispatch published on Monday. The dispatch was signed by Macau’s Chief Executive, Ho Iat Seng, on January 29. The starting date for exemption coincides with the January 1, 2023 beginning of the operators’ respective new 10-year concessions. https://www.ggrasia.com/macau-ops-waived-income-tax-on-gaming-op-profits-govt/ nov23 (compreensão) he Chief Executive of Macau, Ho Iat Seng, told the Legislative Assembly on Wednesday that the non-gaming investment programs of Macau’s six concessionaires would not be effective immediately, and appealed to the community to give them time to do so. During a question-and-answer session on the government’s 2024 Policy Address held at the Macau Legislative Assembly on Wednesday, Councilor Ron Lam aske...

Turismo de saúde

 fev23 Macau quer que concessionárias de jogo promovam  resorts  com projetos ligados à saúde, disse esta segunda-feira o Governo na apresentação das Linhas da Ação Governativa (LAG) para 2023 para a pasta dos Assuntos Sociais e Cultura. “ Serão promovidos os  resorts  de grande escala de Macau para desenvolver projetos e produtos turísticos orientados para a saúde , de modo a contribuir para o desenvolvimento do turismo de saúde”, disse a secretária para os Assuntos Sociais e Cultura, Elsie Ao Ieong U, na Assembleia Legislativa. https://observador.pt/2022/11/28/macau-quer-operadoras-de-jogo-a-promover-turismo-de-saude/

Tailândia

 Fev23 Under Thai Law ( Gambling Act BE 2478 (1935) ), gambling is  illegal  even though the Kingdom permits betting on  horse races , a government-sponsored  lottery , on some  Muay Thai fights . For a long time (at least a decade in terms of public political discussion), there have been rumours of the impending legalization of casino gaming in Thailand. Some nearby countries – Laos, Cambodia, Malaysia, Singapore – already legalized it in order to attract foreign tourists, to diversify the touristic products available and to increase government revenue. On January  12, Thailand House of Representatives approved (by an overwhelming majority) a  report  prepared by a special House committee studying the feasibility and economic value of the legalization of gaming in Thailand, including allowing integrated resorts (IR) (“mixed-use entertainment complexes”) with casinos. The report has a comprehensive nature, covering not only several modalities...