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Macau Clears Doubt for Covid-Hit Casinos With Revenue Threshold

  • City will allow 6,000 gaming tables, 12,000 machines in 2023
  • Casinos must generate at least $886,000 per table per year
Cards are dealt on a blackjack table at the Global Gaming Expo Asia (G2E Asia) in Macau, China, on Wednesday, May 16, 2018. The expo runs through May 17.
Cards are dealt on a blackjack table at the Global Gaming Expo Asia (G2E Asia) in Macau, China, on Wednesday, May 16, 2018. The expo runs through May 17.Photographer: Anthony Kwan/Bloomberg

Macau set a new minimum revenue threshold for casinos at an easy-to-reach level, a move likely to bring relief for the Covid-19 battered industry that’s facing a slew of regulatory changes in one of the world’s biggest gambling hubs.

Authorized gaming companies in Macau can operate as many as 6,000 tables and 12,000 machines in total for 2023, the city’s government said in a statement Friday. Next year operators are required to generate a minimum 7 million patacas ($886,000) per table and 300,000 patacas for each machine. That takes the total revenue threshold to 45.6 billion patacas, which is similar to 2022’s level.