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

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.



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.

Recent Posts and Southampton extend their partnership

Southampton Football Club have announced the extension of its partnership with the Coingaming Group as Main Club Partner. With the…

4 days ago

Wyoming passes House Bill 133, allowing online sports betting and becomes first state to allow cryptocurrency to fund accounts

This week, Wyoming passed a House Bill that would legalize online sports betting in the state and it joined a…

7 days ago

Media powerhouse David Levy appointed Chairman at Genius Sports

Genius Sports has appointed sports industry pioneer David Levy as its new Chairman. In his new role, Levy will lead…

4 weeks ago

Unibet offering Gamban self exclusion tool to its US players

In a press release this morning, Kindred Group announced that it has partnered with Gamban to offer Unibet’s US customers…

1 month ago

UK announces reopening of betting shops; BGC lobby to delay Grand National

With the UK government announcing their roadmap towards ending its restrictions by end of June gradual reopening of businesses. English betting…

2 months ago

Betway to enter US Market

Digital Gaming Corporation (DGC) and Betway have partnered up in an order to set their first steps together in the…

2 months ago