The Macau casino industry plunge: causes and consequences

We want to provide all the information that the players need, based on the precedent. Before publishing something, we test what we actually recommend twice or three times. We want the players to believe that our comparison and reviews reflect all of the truth.

April 16, 2024 9 minutes

Macau's casino income is decreasing! Macau, one of the world's leading gambling centers, has decreased, leading to business closure and an increase in unemployment rate. This is because new standards have a major impact on large cities. Can Macau recover from this dramatic situation?

Does the casino disappear from Macau? Four powerful answers

1. The total income of Macau's casino is sharply decreasing;
2. The new standard may cause further damage to Macau's gambling management;
3. The number of players visiting this area to play at the casino is increasingly decreasing;
4. Some excellent casino apps have contributed to Macau's gambling profits.

Macau gambling revenues face an unprecedented reduction in April

According to Macau's latest Casino News and statistics, the total gaming income in the area in 2021 was 29, 85 % of the income earned in 2019.

This decreased by about 70 % and 15 % in just two years, and Macau's economy was rapidly deteriorating, and debts were increasing.

Although there is no rapid depression like 2020, it seems quite unrealistic that Macau casino industry will be hit by similar uproar.

The background is considered to be the following:

• Reduction of guests
• World situation
• Standards that become more and more severe
• Technology development

Despite its small scale, Macau is considered to be one of the most prosperous areas in the world.

This is mainly due to Macau's gambling activities, reaching about 36 billion dollars in 2019.

In order to better understand the importance of this industry's contribution to the economy, it is possible to compare the required amount with the $ 6 billion income of Las Vegas Strip by Las Vegas Strip.

Visitor numbers fell, according to the latest casino news from Macau

Due to the larg e-scale event, the number of guests in April 2022 has decreased by 23, 7 %, and the number of Macau casinos inevitably decrease.

The economy in this area is greatly dependent on sightseeing, and Macau's casino tax accounts for more than 80 % of the city's interests. Therefore, Macau's gambling statistics seem quite depressing, especially when 90 % of customers are not locals, but travelers from mainland China.

Measures that may discourage high-rollers to play at Macau casinos

• Prohibition of promotion and VIP lounge other than gambling;
• It is likely to affect the type of macau casino.

Thus, at least some wealthy people who flock to Macau gambling companies may be less noticeable for Macau gambling companies.

Immediately afterwards, as the announcement of the introduction of measures in 2021, Traders disrupted $ 18. 4 billion from the promotion of the gambling industry, and the price of six huge gambling companies in Macau dropped by about 23 %.

These standards show that monitoring is close to reality.

Current Macau casino visitors compared with other years

Visitors to Macau	year
39, 41 million	2019
5, 9 million	2020
7, 71 million	2021

We compiled the table using Macau-gambling most reliable statistical information so that the reader can clearly see the number of guests in Casino Macau. According to Macau's latest gambling news, only 606 841 arrived at the venue in the first quarter of 2022.

The possible consequences of such a reduction

Cost of tourists for gambling	year
$ 235, 93 Million	2019
$ 47, 25 Million	2020
$ 86 million	2021

In the first quarter of 2022, gambling was reduced by 25 and 1 % due to a decrease in the number of guests. The reach decreased by 8, 9%due to both factors.

How dramatic is the current Macau revenue fall?

To understand something other than the decrease in Macau's gambling revenue, you need to rely on specific data because there is almost no news about Macau gambling.

Our team wants to eliminate the fantasy and expose into the faithful and important statistics of Macau's gambling, so that Macau's casino news is common. Finally, the gambling in this area and the data of the total revenue obtained from the game:

Gross revenue from gaming and gambling in Macau

Possible causes for falling Macau gambling revenues

In order to ensure the absolute perception of this action, our team, for example, studies, dismantling Macau's gambling statistics, dismantling, and announcing Casino Macau.

Responsibility refusal

This section shows all fair data collected by CasinoalPha. It is worth noting that this notebook does not reflect our concept at the same time, but provides important information that can be used faster and faster.

The Chinese government’s attitude towards the Macau casino industry

Source: Edition.

The Chinese authorities considered new laws to strengthen license demands, but in June 2022, as exposure to all gambling licenses, Macau's institutions would adapt to new situations to apply for a license update immediately. You need it.

Here are some of the clauses:

• Casino Macau-Operators must coordinate their work in cooperation with the interests of national security;
• 15% of the legal funds of casinos in Macau must belong to directors of Macau citizenship;
• The capital of all casino operators in Macau must reach $624 million;
• To ensure an effective supervision process for gambling establishments, Macau has introduced a cap on public betting promotions.

A harsh environment

In an attempt to curb the expansion of the industry and reinvent the reach in the middle of the holidays, the government is actively interfering with the work of junk comps.

At the beginning of 2022, only 46 cases remain, and on a monthly basis, this amount is considerable. Junkies, however, continue to give player loans, but with significantly stricter standards.

The Macau gambling industry is mixed into the fight against inequality

One of the representative social categories that suffered from the imbalance is youth.

Since no other region has developed as much as Macau's gambling industry, almost all young people refrain from abandoning their studies to get a high-paying job in a casino.

This is not surprising given the rewards.

Here are some numbers you may not find in most Macau gambling news

Industry	2021 Median Monthly Salary (in Pataca)
space} {space	space} {space
space} {space	{space}
{space}	{space}
space} {space	{space}

space} {space

Nevertheless, welfare inequality is considered a serious challenge for most Macau residents. The 2-3% poverty level declared by the government in 2017 is only provided for the average income.

Unemployment rates from 2018 to 2022

Prices in Macau are high and are rising in proportion to the development of Macau's gambling industry.

The absenteeism rate has risen significantly since 2019, reaching 3. 5% in April 2022.

The online casino boom and its effects on the Macau gambling revenues

This is the highest absenteeism rate in the region since 2009, which is directly related to Macau's gambling business.

In conjunction with such a huge living environment, Macau casino players have almost all chosen the path of online casinos to realize their hobbies.

For example, during the Chinese New Year fun, Macau's online players were 90% from 2019 to 2020, in fact, the advantages of land-based casinos were significant.

Why the number of land-based casino players may continue to decrease

Let's explain this issue in elementary terms.

Source: CNBC.

Even though this game is distinguished by more difficult skills in real life, players have been forced to ignore it for the past three years due to the difficulty of putting and national restrictions.

Macau's sightseeing sector has the ability to provide special things, including live gambling, so guests rarely drive a car in Macau, and casinos are only sid e-b y-side. Macau-Casino's latest announcement is not yet optimistic, and this is due to lack of online progress.

Contrasts fucked by player preferences

The demise of junket operators: How it affects the region

According to the latest gambling news from Macau, players show themselves that Macau terrestrial casinos still have time to adapt to these changes in these preferences. I love the license for the platform and the Philippines.

If you look at the latest announcements of Macau's casino, you'll notice that there are many mentions of Janken-operators and VIP offers.

What is it related to?

The impact of gambling operators on the total income is enormous, as a result of all the compositions in their work can affect the economy.

The reasons for this discouragement vary:

• {space}
• universe

Recently, officials have said that Junkyard actors do not actually illegal, but they need to comply with more strict standards.

Why is Macau gambling dwindling?

Depending on future rules, these brokers are more likely to need to change their work details, and may reduce the profits of Macau's gambling facilities.

As we have already read, the rapid decline of the industry is justified by an instant eggplant. The official statistics of Macau's gambling facilities are not easy to contribute to monitor the maximum level, as not this account.

The main reasons for Macau’s gambling industry plummeting

What does the Macau casino news spell out for the industry?

Since we only provide empirical information, we refuse that this chart does not reflect the official commission. Earlier, our team wants to visualize the main data we have collected and researched.

• {space}
• {space}
• universe
• universe

Satellite casinos continue to be open.

• universe
• {space}
• {space}
• universe
• {space}

Our methodology and sources

Casino Macau, is it difficult to conform to new license requirements?

We have analyzed all past statistics using our gambling experience. Political or social evaluation is based on other surveys and is interpreted only on the impact of the Macau gambling industry.

Casino Alpha expert teams spent tens of hours for this article and investigated.

• {space}
• universe
• universe
• {space}
• {space}

economist

After collecting all necessary data, casino Alpha analysts created a commentary and charts to make the learning process easier.

All data and all the explanation content are checked by reviewers with a wealth of experience in the gambling industry. This is to provide readers the facts proved by the objective facts to help them develop a certain perspective.

Taking advantage of the gambling experience, this report has been made as transparent as possible. We hope that our efforts are beneficial for our audience, as our ourselves are the biggest features and their reviews for us.

Adina Minkuleska Senior Writer and Editor Casinoalpha

Adina's analytical thinking is necessary for gamblers to understand the casino market. Her research on linguistic and interpretation and her expertise in this niche will be necessary to get enough information and make a financial decision. Let's make her a trusted guide!

Columnist TUDOR TURICEANU CASINOALPHA CEO and edito r-i n-chief

Learn more

• {Membership}
• {Membership}
• {Membership}
• {Membership}
• {Membership}
• {Membership} Slot odds
• {slot}
• {Membership}
• {Membership}
• {Membership}

Recommended from Casino Alpha

The most attractive Prime Minister in the UK

CasinoalPha editors conducted a new survey aimed at identifying the most attractive US president since 1950. As a result, according to science, Barak Obama was ranked first as the most attractive president. The purpose of our research is to find out how attractive will affect the people's perception of the president's leadership. [...]

By Anka IAmandy

Payforit is one of the most popular payment systems in the best online casinos. Like other quick payment methods, there are drawbacks. In the past three years, about 15 % of British players using Payforit at online casinos have been scammed. The scammers use Payforit to deceive the user and pay for free to pay through Payforit.

Author: mihnea mosneagu

CasinoalPha editors conducted a new survey aimed at identifying the most attractive US president since 1950. As a result, according to science, Barak Obama was ranked first as the most attractive president. The purpose of our research is to find out how attractive will affect the people's perception of the president's leadership. [...]

Anka Iyamandi

Athletes are praised not only on the field but also for their influence beyond the field. The highlight Binggum in the survey is the most earned English player on Instagram and earns 65. 809 pounds per sponsor post. The post is looking at the income of other top players, such as Harry Kane and Trent Alexande r-Arnold. Social [...].

Adina Minklessk

Athletes are praised not only on the field but also for their influence beyond the field. The highlight Binggum in the survey is the most earned English player on Instagram and earns 65. 809 pounds per sponsor post. The post is looking at the income of other top players, such as Harry Kane and Trent Alexande r-Arnold. Social [...].