Macau renews contract of Chinese lottery monopoly

The Macau government has renewed the license of Chinese lottery company Sociedade de Lotarias Wing Hing Limitada to Dec. 31, 2017, local media reports.

The company has monopolized the city’s lottery sales since 1990.

 

While nowhere near the gaming revenues gathered by Macau’s six concessionaires, the Chinese lottery in Macau has remained stable over the years, reaching MOP 7 million for the full year 2016, flat year-on-year compared to 2015.