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Non-gaming investment commitments to increase 20% if Macau GGR hits MOP$180 billion

by Andrew W Scott

Sun 18 Dec 2022 at 21:19

Editorial: Macau’s seventh heaven

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Press releases and filings by all six Macau concessionaires have revealed their non-gaming investment commitments will increase by 20% if Macau-wide GGR exceeds MOP$180 billion in any of the first five years of the new concession period, that is in any year from 2023 to 2027 inclusive.

The additional non-gaming investment commitment reduces by 4% per year thereafter, as follows:

In 2028: 16% additional commitment
In 2029: 12% additional commitment
In 2030: 8% additional commitment
In 2031: 4% additional commitment
In 2032: no additional commitment

On Friday Macau’s six concessionaires committed to a combined MOP$108.7 billion in non-gaming investment commitments over the ten-year period of the new concessions, from 1 January 2023 to 31 December 2032.

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Tags: investment Macau Melco non-gaming Wynn Resorts

Andrew W Scott

Born in Australia, Andrew is a gaming industry expert and media publisher, commentator and journalist who moved to Hong Kong in 2005 and then Macau in 2009, when he founded O MEDIA, one of Macau’s largest media companies, former and parent company of Inside Asian Gaming (IAG). Both O MEDIA and IAG were merged with US-based gaming media brand CDC Gaming on 1 January 2025, under new corporate parent Complete Media Group (CMG).

Andrew was appointed CEO of Complete Media Group upon the merger. CMG is now the parent of three gaming media brands: Inside Asian Gaming (focusing on land-based gaming in the Asia-Pacific region), CDC Gaming (focusing on land-based gaming in the Americas), and Complete iGaming (focusing on online gaming in the Americas and APAC).

Andrew continues to be Vice Chairman and CEO of IAG and now-sister company O MEDIA.

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