US$24.9 B in casino revenue possible in Macau in 2024: Gaming analyst
Wednesday 30 de August 2023 / 12:00
⏱ 2 min read
(Macau).- Macau’s aggregate casino revenue for 2024 has the potential to reach MOP200 billion (US$24.9 billion), an academic panel discussion heard on Wednesday.
Macau’s aggregate casino revenue for 2024 has the potential to reach MOP200 billion (US$24.9 billion), an academic panel discussion heard on Wednesday. The roundtable was held by the Centre for Macau Studies under the University of Macau, exploring government policymaking for the fiscal year of 2024.
Gaming researcher Davis Fong Ka Chio painted a rosy picture for the near future, citing hotel bookings for the forthcoming Golden Week in October.
He also echoed certain industry projections that a mass-market recovery comparable to 2019’s situation is achievable for the gaming sector by that month.
The gaming revenue for the whole year is likely to reach a range of MOP180 billion to MOP190 billion, Fong pointed out.
The scholar added that the figure could even surpass the MOP200 billion mark next year.
However, as estimated by Chief Executive Ho Iat Seng at a Legislative Assembly session recently, the scholar believes that the positive trajectory will not prevent an expected budget deficit for the next year.
During a question and answer session, the city’s leader stated that it would require at least MOP230 billion in annual casino revenue to balance the government’s budget.
Government revenue for the first half of the year reached MOP43.53 billion, versus MOP40.9 billion in expenses.
The authorities are expected to continue to fall back on the existing financial reserves to plug the estimated gap.
Government expenditure is expected to go up with public projects such as infrastructure and housing and external factors worldwide such as high interest rates and inflation taken into consideration, the scholar explained.
Categoría:Gaming
Tags: Sin tags
País: Macao
Región: Asia
Event
AffPapa Conference Madrid 2026
18 de May 2026
BeSoccer explains its participation in AffPapa Conference Madrid 2026
(Madrid, SoloAzar Exclusive).- In an interview with Cristina Cano Meneses, AdOps and Link Building Manager, and Lamin Sane García, Account Manager of BeSoccer, the company's representatives reviewed their participation in AffPapa Conference Madrid 2026, where the firm presented its advertising solutions and strengthened ties with operators, affiliates and strategic partners in the global iGaming and sports betting industry.
Monday 01 Jun 2026 / 12:00
StatsDrone Revolutionizes Data Analytics in iGaming at AffPapa Madrid 2026
(Madrid, SoloAzar Exclusive).- John Wright, CEO and co-founder of StatsDrone, shared with SoloAzar his insights after participating in the AffPapa Conference Madrid 2026. He discussed how the company presented its new analytics platform NousViz, the feedback received from attendees, and the strategic goals driving StatsDrone’s expansion in the iGaming and affiliate marketing industries.
Friday 29 May 2026 / 12:00
The Future of Operator-Affiliate Partnerships at AffPapa Madrid 2026
(Madrid, SoloAzar Exclusive).- At AffPapa Conference Madrid 2026, industry leaders gathered to discuss the evolving relationship between operators and affiliates during the panel “The Future of Operator-Affiliate Partnerships.” Moderated by Nugzar Ramishvili, the discussion featured Nikoleta Hristova, Havard Lehn, Nemanja Lazarevic, Gjorgje Ristikj and Armin Aganovic. The session explored key industry challenges including transparency, listing fees, AI adoption, streamer marketing, and the future sustainability of affiliate partnerships.
Friday 29 May 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
