• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Thursday 19 June 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Currently 77 VIP Clubs in Macau, VIP contraction an “inevitable reality” says Secretary

Newsdesk by Newsdesk
Fri 29 Jan 2021 at 05:21
Macau Secretary for Economy and Finance confirms IVS resumption is part of government’s phased reopening plans

Secretary for Economy and Finance, Lei Wai Nong.

85
SHARES
2.1k
VIEWS
Print Friendly, PDF & Email

Macau’s casinos are currently home to 77 VIP clubs operating 1,566 gaming tables as of January 2021, reflecting a decline in the number of licensed gaming promotors announced by the Gaming Inspection and Coordination Bureau earlier this week.

As reported by Inside Asian Gaming, there are 10 fewer licensed junkets this year than 12 months earlier, down from 95 to 85, as the VIP sector continues to be impacted by the COVID-19 pandemic.

Macau’s Secretary for Economic and Finance, Lei Wai Nong, told reporters Thursday that it was an “inevitable reality” of the COVID-19 pandemic that the number of operational VIP clubs would decline with an emphasis on stability and improving service quality top of the government’s agenda.

He also recognized that visitor numbers during the upcoming Chinese New Year holiday would undoubtedly remain suppressed – further impacted by a recent surge in COVID-19 cases in mainland China and calls for residents to avoid unnecessary travel.

“The situation of the pandemic is flat, it would be hard to have visitors during CNY,” Lei said. “The priority is to prevent and control the pandemic in order to gain the approval and support from the Central government.”

Lei also revealed that the number of employees at high-middle management level at Macau’s six gaming concessions was 9,940 as of December 2020, as local employees accounting for 89% of the total and surpassing the SAR’s minimum expectation of 85%. Non-resident workers for the six gaming operators fell by 9,008 people to 26,102, accounting for 24% of all employee number in the industry.

RelatedPosts

China’s Ambassador to the United States Xie Feng Meets with Wynn CEO Craig Billings

China’s Ambassador to the United States Xie Feng Meets with Wynn CEO Craig Billings

Thu 19 Jun 2025 at 19:54
PAGCOR’s Alejandro Tengco

New luxury hotel with VIP gaming to be built at Manila’s Newport World Resorts as parent AGI outlines latest capital investments

Thu 19 Jun 2025 at 12:29
Landmark chair says satellite casino closures have already led to lease terminations in surrounding area

Landmark chair says satellite casino closures have already led to lease terminations in surrounding area

Wed 18 Jun 2025 at 14:07
Malaysia’s Resorts World Genting shuts two of its three casinos

Genting tops gaming companies on 2025 Fortune Southeast Asia 500 list, Bloomberry and DigiPlus on the move

Wed 18 Jun 2025 at 06:21
Load More
Tags: GamingLei Wai NongMacauVIPVIP Clubs
Share34Share6
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Foreigner-only casinos: Seize the day

Editorial – Foreigner-only casinos: Seize the day

by Ben Blaschke
Thu 29 May 2025 at 13:38

I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...

A moral defense of gambling

A moral defense of gambling

by Andrew Russell
Wed 28 May 2025 at 18:19

Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...

Evolution Asia
Aristocrat
GLI
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

China’s Ambassador to the United States Xie Feng Meets with Wynn CEO Craig Billings

China’s Ambassador to the United States Xie Feng Meets with Wynn CEO Craig Billings

by Newsdesk
Thu 19 Jun 2025 at 19:54

Wynn Resorts CEO Craig Billings met this week with the Chinese Ambassador to the United States, Xie Feng, to discuss topics including China’s economic development and Sino–U.S. economic and trade relations. The Chinese Embassy in the United States released details...

1xBet reviews DreamLeague Season 26 esports tournament results

1xBet reviews DreamLeague Season 26 esports tournament results

by Newsdesk
Thu 19 Jun 2025 at 12:50

From 19 May to 1 June , the prestigious Tier 1 Dota 2 tournament was held online, boasting a solid prize pool of US$1 million. It was also the last ESL event before the start of the 2025 Esports World...

PAGCOR’s Alejandro Tengco

New luxury hotel with VIP gaming to be built at Manila’s Newport World Resorts as parent AGI outlines latest capital investments

by Ben Blaschke
Thu 19 Jun 2025 at 12:29

Philippine conglomerate Alliance Global Group (AGI) has announced it will allocate approximately Php5 billion (US$87.2 million) over the next year for expansion projects under its gaming and leisure subsidiary, Travellers International. This includes the development of a new luxury hotel...

FBM hosts “A Drop of Blood is a Gift of Life” blood donation drive in the Philippines

FBM hosts “A Drop of Blood is a Gift of Life” blood donation drive in the Philippines

by Newsdesk
Thu 19 Jun 2025 at 06:16

FBM Foundation – the charitable arm of gaming supplier FBM – celebrated World Blood Donor Day on 14 June by hosting a blood donation drive in Pasig City, Philippines, in partnership with Philippine Red Cross. The blood drive, titled “A...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English