Macau Slot Company Limited Gains 31.8% In 2021

Macau Slot Company Limited, a longtime retail sports betting operator in Macau and Enclave, reportedly reported a 31.8% year-over-year increase in overall profit to $15.7 million in 2021.

According to a report citing figures published in the Official Gazette by Inside Asian Gaming, the company posted a 15.6% year-over-year increase in net profit to nearly $77.8 million in 2021. Sources explained that while basketball was tallied at about $26.4 million, bets on football accounted for about $51.3 million of this amount.

Authoritative Sponsors:

Stanley Ho Hong Sun, founder of Macau casino operator SJM Holdings Limited, part of the business empire set up by Macau Slot Company Limited is said to have exclusive concessions on all retail football and basketball bets in its former Portuguese residence while betting on the race. The company operates a non-casino retail sportsbook network and reported a profit of about $11.9 million in 2020.

Oath of optimism:

Macau Slot Company Limited reportedly claimed in an official filing that the popularity of its services had grown "due to the joint efforts of all employees" and that it was "committed to improving and exploring a wider variety of sports betting services to meet customer expectations." The commitment reportedly comes about a year after renewing its local sports betting contract for another three years until June 2024, despite the loss of its long-held monopoly clause.

It is said that you read the statement of Macau Slot Company Limited...

"Over the past year, the coronavirus pandemic has affected the world, but the Macau government has implemented a range of measures to effectively prevent the spread of the epidemic. Going forward, we plan to upgrade our information technology facilities to meet the needs of our customers."

Long term projects:

Macao Slot Company Limited was granted Enclave's only football sports betting franchise at the same time that the local government disposed of its casino operating license in 1988, Inside Asian Gaming reported. The company is said to be able to add basketball betting after about two years and is part of a sub-sector that reported a 30% year-over-year drop in 2019 net profit to about $19.1 million, along with instant lottery products.

BY: 온라인 슬롯