Categories: Sports News
| Published On Jun 1, 2016 11:47 pm CEST  |  Updated on May 2, 2021 1:57 pm CEST | By iGaming Team

Macau Slot, Macau’s only sports bet firm, gets licence renewal

Share

According to Macau’s Official Gazette, Macau sports betting licensee Macau Slot Co Ltd will have its sports betting concession extended to June 5, 2021.

 

 

The currenct concession will expire next Sunday, June 5, 2016. This included football and basketball. Macau Slot is part of the business empire built by Stanley Ho Hung Sun, founder of Macau casino operator SJM Holdings Ltd.

 

Get 125% / $2,500 on 1st deposit!
New players only. Exclusive Welcome Bonus of up to $2,500
Casino & Sports

 

Macau Slots has a monopoly on all sports betting in Macau, except the betting on horseracing, where the concession is held by Macau Horse Racing Co Ltd. Macau Slot’s business sector generated gross revenu of MOP673 million (which is approximately US$84 million) in 2015, which was 8.6 percent less than in 2014.