{"id":10415,"date":"2020-09-28T22:05:49","date_gmt":"2020-09-28T22:05:49","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=10415"},"modified":"2026-04-24T01:27:15","modified_gmt":"2026-04-24T04:27:15","slug":"macau-slots-sees-wagers-plummet-in-h1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-slots-sees-wagers-plummet-in-h1","title":{"rendered":"Macau Slots sees wagers plummet in H1"},"content":{"rendered":"\n<p>Sports cancellations caused betting volume to fall to a third of 2019 levels for Macau&#8217;s sole betting concessionaire.&nbsp;&nbsp;<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.-&nbsp;The operations of betting concessionaire Macau Slots have been severely impacted by the suspension of professional sports tournaments.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Executive director Ho Chin Pang has said that postponements and cancellations of football and basketball matches in the main leagues had caused betting volumes in H1 to drop to a third of 2019 levels.<\/p>\n\n\n\n<p>In an interview with TDM Radio, he said that despite the impact the company expected an improvement in the second half as sports resume. He said betting volumes could recover to similar levels reported in the same period last year.&nbsp;<\/p>\n\n\n\n<p>Macau Slots reported MOP154.8 million (US$19.3 million) in net profits for 2019, which was a <em><strong><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-slot-sees-net-profits-fall-for-2019\" target=\"_blank\">30 per cent drop<\/a><\/strong><\/em> on the previous year.&nbsp;<\/p>\n\n\n\n<p>Macau Slots is the exclusive betting concessionaire in Macau for instant lottery, football and basketball until 2021.&nbsp;&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sports cancellations caused betting volume to fall to a third of 2019 levels for Macau&#8217;s sole betting concessionaire.&nbsp;&nbsp;<\/p>\n","protected":false},"author":2,"featured_media":10417,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau Slots, the exclusive sports betting concessionaire in Macau, reported a precipitous decline in H1 betting volumes, plummeting to one-third of 2019 levels, primarily attributable to the widespread cancellation of professional sports tournaments. This operational disruption follows a 30% year-on-year reduction in net profits for 2019, though the company projects a H2 recovery contingent on the resumption of global sports leagues.","focusai_entities":"Macau Slots, Ho Chin Pang, TDM Radio","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (0.9), compliance_legal (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Concession Renewal Outlook","query":"What is the projected impact of this revenue volatility on Macau Slots' 2021 concession renewal negotiations with the Macau SAR government?"},{"label":"Risk Mitigation Strategies","query":"Beyond the resumption of sports, what specific operational or product diversification strategies is Macau Slots implementing to mitigate future event-driven revenue risks?"}],"footnotes":""},"categories":[161,16338,158,155],"tags":[257,233],"class_list":["post-10415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-news","category-east-asia-news","category-slider-home","category-sports-betting-news","tag-macau","tag-sports-betting"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=10415"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10415\/revisions"}],"predecessor-version":[{"id":10436,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/10415\/revisions\/10436"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10417"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=10415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=10415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=10415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}