Sheldon Adelson's New $3 Billion Macau Casino To Have 150 Table GamesThe Allotment Was The Same As What Wynn Received In August |
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Sheldon Adelson’s new casino in Macau has received approval for 150 table games, the same number that rival casino boss Steve Wynn got the OK for last month.
The Adelson casino, the Parisian, will open Sept. 13. Wynn’s casino opened in August. Both companies asked the local government for more tables, but received a smaller allotment thanks to greater government oversight on the gambling industry in the former Portuguese colony.
Macau recently ended its 26-month-long gaming revenue slump when the casinos there won $2.4 billon off of gamblers in August, an increase of 1.1 percent year-over-year.
The city has more than 30 brick-and-mortar casinos.
The Gaming Inspection and Coordination Bureau of Macau is trying to get casino operators to focus more on non-gaming ammenities. The plan is to bring gambling’s portion of overall casino industry revenue to nine percent by 2020. It was 6.6 percent in 2014.
It seems the major casino operators are becoming satisfied with the table games allotment. Last fall, Steve Wynn spoke critically over the table game cap.
“Here in America, we would never have a Las Vegas of the diversity we’ve had if the city had told us how many tables we could spread,” Wynn said. “The table cap is the single most counterintuitive and irrational decision that was ever made.”
Wynn’s company said just days before opening the $4.1 billion Wynn Palace that it was content with the 150 table games. The casino has more than 1,100 slot machines.
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