The sports betting concessionaire has reported MOP123.9m (US$15.4m) in net profits for 2023.<\/p>\n\n\n\n\n\n\n\n
Macau.- Macau Slot <\/strong>has reported that net profits were up 15 per cent\u00a0year-on-year to MOP123.9m (US$15.4m) in 2023. The company, which runs instant lotteries and betting on football and basketball matches on a non-exclusive basis, reported revenue of MOP587m (US$72.9m)<\/strong>.<\/p>\n\n\n\n President Ng Chi Sing<\/strong> said in the company’s financial report that despite changes in the business environment, the economy had stayed relatively steady thanks to the policies of the Macau SAR Government.<\/p>\n","protected":false},"excerpt":{"rendered":" The sports betting concessionaire has reported MOP123.9m (US$15.4m) in net profits for 2023.<\/p>\n","protected":false},"author":176,"featured_media":19437,"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 Slot, a sports betting concessionaire, reported MOP123.9m (US$15.4m) in net profits for 2023, representing a 15% year-on-year increase. The company's revenue reached MOP587m (US$72.9m), with its President attributing the stable financial performance to Macau SAR Government policies amidst a dynamic business environment.","focusai_entities":"Macau Slot, Ng Chi Sing","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), operator_casino (0.8), investor_analyst (0.9), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Macau Slot's 2024 Outlook?","query":"What are the projected GGR and NGR forecasts for Macau Slot in 2024, considering the stated impact of Macau SAR Government policies and potential shifts in the competitive landscape for sports betting and instant lotteries?"},{"label":"Regulatory Impact Analysis?","query":"How have specific Macau SAR Government policies directly contributed to Macau Slot's 15% net profit growth, and what are the implications for other licensed gaming verticals or potential B2B\/B2C licensing reforms in the region?"}],"footnotes":""},"categories":[16338,163],"tags":[],"class_list":["post-777016818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016818","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=777016818"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016818\/revisions"}],"predecessor-version":[{"id":777016843,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016818\/revisions\/777016843"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19437"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777016818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777016818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777016818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}