Sportsbooks would benefit Macau casinos

May 23, 2016 11:44 AM

Macau casinos would benefit from the presence of sports betting lounges.

That’s the view of CEO David Leppo who made a presentation at last week’s G2E Asia conference and trade show in Macau.

Noting that there are no such facilities in the casinos now, Leppo said, “Sports betting lounges are a necessary part of a well-rounded casino product.”

He said sports betting will not only lure customers but it keeps them in casinos longer than they might otherwise be there by offering a variety of activities “that capture their interest.”

Current Macau regulations make it difficult for casino operators to increase of gaming tables, “resulting in a large space on the casino floor that is not bringing in revenue.”

But a Las Vegas style sports and race book would quickly solve that challenge “instantly, almost overnight.” Leppo said sports lounges are “necessary elements  for the new Macau.”

Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: [email protected]