• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Thursday 31 July 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

Legislator calls for Macau Jockey Club and racecourse to be turned into world-class sports facility

Pierce Chan by Pierce Chan
Mon 4 Dec 2023 at 18:08
Macau Jockey Club’s accumulated losses climb by another US$25 million in 2022

Macau Jockey Club

23
SHARES
581
VIEWS
Print Friendly, PDF & Email

Macau Legislative Assembly (AL) member Leong Sun Iok has called for Macau Jockey Club to be developed into a sports and leisure destination that embraces the culture of horse racing, as well as sports events and activities such as cycling and football.

Leong’s comments were made during a plenary meeting of the AL on Monday, where he outlined his hope that Macau can be built into a “sports city” by improving its sporting facilities.

At the end of his speech, Leong cited MJC as the perfect opportunity to develop such a sports city, pushing for the government to “make use of unused land to optimize existing sports venues and facilities, such as the Macau racecourse.”

“The Macau Jockey Club racecourse occupies a large area and embodies the culture of horse racing,” he said. “If equestrian can be developed here and the land space inside the racecourse can be utilized to provide more sports events and activities such as cycling and football, an integrated sports body can be gradually formed which will become an iconic sports and leisure destination in Macau.”

As Leong’s speech was made before the AL’s official agenda, government officials are not required to respond in person. However, recent negative developments at MJC – which recently proposed slashing the prize money it pays to jockeys and trainers due to mounting financial losses – have led many to question whether the Club can continue to operate in the long-term.

The proposal to reduce prize money saw those affected threaten to strike before it was scrapped altogether last week.

MJC received a new 24-year concession in 2018 but is required to fulfil a raft of key commitments, including upgrading and enhancing its facilities and settling MOP$150 million in outstanding fees owed to the Macau SAR.

According to data from the Gaming Inspection and Coordination Bureau (DICJ), MJC’s betting turnover in 3Q23 was MOP$51 million, representing a 63% decline compared to 2019, including a 64% fall in gaming revenue to just MOP$10 million.

RelatedPosts

IAG to launch weekly “The IAG Live Streaming Show” starting this Friday 25 July

Don’t miss Episode 2 of The IAG Live Streaming Show this Friday at 10am

Thu 31 Jul 2025 at 06:43
Inside Asian Gaming names MGM as Venue Sponsor for 2023 Asian Gaming Power 50 Black Tie Gala Dinner

MGM Macau launches new villas, high-end Alpha Club gaming space in response to evolving customer base

Thu 31 Jul 2025 at 06:38
The show must go on

MGM China reports all-time record Adjusted EBITDA of HK$2.5 billion, market share hits 16.6%

Thu 31 Jul 2025 at 05:11
Macau’s IP Economy

Macau’s IP Economy

Thu 31 Jul 2025 at 02:01
Load More
Tags: Leong Sun IokMacauMacau Jockey Club
Share9Share2
Pierce Chan

Pierce Chan

With more than five years’ experience working as a journalist in Macau, Pierce is an experienced media operator with strong skills in news writing and editing. He previously worked with Exmoo, first as a reporter covering government, gaming and tourism-related stories, then as a Deputy Assignment Editor helping set the agenda of the day. Pierce is a graduate of the University of Macau.

Current Issue

Editorial – Better late than never

Editorial – Better late than never

by Ben Blaschke
Thu 31 Jul 2025 at 07:13

Inside Asian Gaming has in recent weeks been hearing increasing chatter around a possible move by Vietnamese authorities to introduce...

Angel’s Yasushi Shigeta

Angel’s Yasushi Shigeta

by Ben Blaschke
Thu 31 Jul 2025 at 07:08

Yasushi Shigeta, Chairman and owner of one of the world’s largest gaming industry suppliers, Angel Group, sits down with Inside...

The Magic Number

The Magic Number

by David Bonnet
Thu 31 Jul 2025 at 06:41

In this in-depth deep dive into the evolution of the Asian gaming landscape, David Bonnet argues that many regional jurisdictions...

Rashid Suliman – A road well traveled

Rashid Suliman – A road well traveled

by Ben Blaschke
Thu 31 Jul 2025 at 02:45

Rashid Suliman, Vice President of Global Gaming Asia-Pacific for casino solutions provider TransAct Technologies, provides some insight into his unique...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
Jumbo
568Win

Related Posts

IAG to launch weekly “The IAG Live Streaming Show” starting this Friday 25 July

Don’t miss Episode 2 of The IAG Live Streaming Show this Friday at 10am

by Newsdesk
Thu 31 Jul 2025 at 06:43

Inside Asian Gaming’s new weekly production, The IAG Live Streaming Show, will return this Friday 1 August at 10am Macau time. Episode 1 of The IAG Live Streaming Show was broadcast last Friday 25 July 2025, representing an evolution of “On the...

Inside Asian Gaming names MGM as Venue Sponsor for 2023 Asian Gaming Power 50 Black Tie Gala Dinner

MGM Macau launches new villas, high-end Alpha Club gaming space in response to evolving customer base

by Ben Blaschke
Thu 31 Jul 2025 at 06:38

MGM China said Thursday that it has soft-launched an “ultra-high-end” gaming space called Alpha Club and completed 28 Alpha Villas at peninsula property MGM Macau as the company continues to make inroads into the city’s lucrative premium mass segment. The...

The show must go on

MGM China reports all-time record Adjusted EBITDA of HK$2.5 billion, market share hits 16.6%

by Ben Blaschke
Thu 31 Jul 2025 at 05:11

MGM China recorded its highest ever Adjusted EBITDA in the June 2025 quarter, continuing its recent run of success as the company’s Macau market share hit 16.6%. According to information released by parent company MGM Resorts International early Thursday (Macau...

PAGCOR to slash license fees charged to Philippine IR operators on online gaming GGR to new low of 25%

PAGCOR’s net income up 64% to US$188 million in first six months of 2025

by Ben Blaschke
Wed 30 Jul 2025 at 17:05

Philippine gaming regulator PAGCOR registered net income of Php10.8 billion (US$188 million) in the first six months of 2025, up 64.3% year-on-year thanks in part to a 14% increase in revenues to Php51.8 billion (US$899 million). A day after revealing...

Your browser does not support the video tag.


IAG

© 2005-2025
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

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English