Non-gaming revenue generated by Macau’s six gaming operators will exceed nine percent of their total income – 2.4 percentage points better than 2014 – by 2020.
SJM Managing Director Angela Leong On Kei and Wynn Macau Executive Director Linda Chen said that they believe that this goal is reasonable and within reach as casino companies strive to comply with government mandates.
The government laid down the goal for the city’s gaming operators in its proposal for Macau’s first Five-Year Development Plan, which was released recently.
“As long as we [the six casinos] co-operate with each other, I believe we will achieve it. The government has set the goal. I think the six gaming companies will give their vigorous support,” Leong said, adding that she did not consider that it would be difficult for SJM to meet the goal.
Chen said that Wynn Macau would “definitely” achieve the goal. “Every company in Macau should follow the overall direction the government has given us, continue to work together and keep increasing the percentage.”
She also said the city’s gaming operators should focus more on improving the quality of their tourism services, rather than the proportion of their non-gaming revenue.
In 2014, the six operators’ income from non-gaming revenue stood at 6.6 per cent of their total income, according to the government’s proposed five-year development plan.
Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: [email protected].