By SectorWire desk ·
The report said that Acres Manufacturing received DICJ approval to conduct business in Macau. Acres supplies casino technology.
The approval gives Acres access to Macau’s casino technology market.
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The approval admits Acres to Macau’s regulated gaming equipment supplier market.
Acres sees favourable conditions for Macau market entry amid increasing competitive pressure.
Macau’s fourth successive month of annual revenue declines signals continued revenue contraction for casino operators and investors.
DICJ defended the existing framework without committing to requested changes to junket exclusivity rules or commission taxation.
The annual decline gives operators and investors a measure of Macau casino revenue performance in August.
Operators recorded monthly revenue growth and higher cumulative receipts despite August’s annual decline.