Macao Games Sector Operating Expenses Up 45% In 2021

Operating expenses across the Macau gaming sector rose 45.4% year-on-year in 2021, slightly above MOP 9.95 billion ($1.23 billion). Of these, the cost of free goods and services offered to customers, including hotel accommodation and food and beverage, increased by 59.0% to about $7.37 billion in MOP.

That’s a summary of the data released on Tuesday by the city’s Bureau of Statistics and Census, according to the Macau government’s 2021 Gaming Sector Survey.

Total spending in the gaming sector rose 15.2% year-on-year to 53.48 billion MOPs, and the second-largest increase, excluding operating expenses, was “buying goods, paying fees and customer rebates,” up 18.1% year-on-year to 11.14 billion MOPs. 파친코

Employee compensation rose 2.0% year-on-year to 20.01 billion MOPs, according to the data. This was despite the fact that the number of full-time employees fell 3.1% to 54,839 as of the end of December 2021. Employee compensation accounted for 37.6% of the sector’s total spending last year.

Total non-operating expenses for the gaming segment in 2021 amounted to MOP 7.78 billion, mainly due to a 15.0% increase in interest payments amounting to MOP 4.46 billion.

During the same period, total receipts from nine gaming companies, including non-casino companies related to lotteries and sports betting, were nearly MOP 90.81 billion, up 42.0% year-over-year. The Bureau of Statistics attributed the increase to “a rebound in the number of Macau visitors.”

Revenue from gaming services rose 45.1% Y/Y to MOP 60.32 billion.

The sector’s total added value, which measures its contribution to the overall economy in 2021, rose 49.7% year-on-year to $62.65 billion in MOP. The sector’s total surplus nearly doubled to $22.13 billion in MOP.

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