Macau’s gaming operators plan to invest 92 per cent of their combined capital expenditure in non-gaming over the next 10 years.<\/p>\n\n\n\n\n\n\n\n
Macau.- Analysts from\u00a0Macquarie Equity Research<\/strong>, Linda Huang and Chad Beynon, have reported on gaming operators’ shift to a transformative approach, comparable to the Las Vegas Strip and Singapore models. They aim to place a stronger focus on non-gaming activities and services, making Macau a more multifaceted tourist destination.<\/p>\n\n\n\n According to the report, Macau’s six casino operators collectively plan to allocate 92 per cent of their combined capital expenditure<\/strong> toward non-gaming ventures over the next decade.\u00a0This move is largely driven by the Chinese and Macau governments’ vision to reshape Macau into a more diverse destination, reducing its reliance on gaming revenue.<\/p>\n\n\n\n The analysts say gaming revenue’s contribution to operators’ overall revenue is expected to fall from 83 per cent in 2023 to a range of 40 per cent to 68 per cent, echoing Las Vegas and Singapore. More revenue will come from non-gaming segments, including hotels, retail, entertainment, and MICE<\/p>\n\n\n\n See also: <\/strong>Macau casinos form working group to promote MICE tourism<\/a><\/p>\n\n\n\n Under new gaming concessions, the six Macau casino operators have collectively pledged\u00a0to invest a minimum of MOP108.7bn (US$13.48bn) in non-gaming initiatives<\/a>\u00a0and explore overseas markets. They will be required to\u00a0increase their non-gaming investment<\/a>\u00a0by\u00a0around 20 per cent<\/strong>\u00a0of their initial pledge if Macau\u2019s annual gross gaming revenue reaches MOP180bn (US$22.45bn) by 2027.<\/p>\n","protected":false},"excerpt":{"rendered":" Macau’s gaming operators plan to invest 92 per cent of their combined capital expenditure in non-gaming over the next 10 years.<\/p>\n","protected":false},"author":176,"featured_media":22971,"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's gaming operators are committing 92% of their combined capital expenditure over the next decade to non-gaming ventures, driven by government policy to diversify the region's economy. This strategic pivot, mirroring models in Las Vegas and Singapore, aims to reduce reliance on gaming revenue, with its contribution expected to fall significantly by 2027, fostering a more multifaceted tourist destination.","focusai_entities":"Macquarie Equity Research, Linda Huang, Chad Beynon","focusai_location":"Macau, Las Vegas, Singapore, China","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), operator_casino (1.0), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Non-Gaming ROI Projections?","query":"What specific non-gaming verticals are receiving the most significant capital allocation, and what are the projected ROIs and timelines for these investments by Macau operators?"},{"label":"Competitive Landscape Impact?","query":"How will this strategic shift impact the competitive landscape among Macau's six operators, particularly regarding market share and differentiation in the burgeoning non-gaming segments?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-777007643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007643","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777007643"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007643\/revisions"}],"predecessor-version":[{"id":777007674,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007643\/revisions\/777007674"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/22971"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}