Operators confident of 9 percent non-gaming revenue goal

SJM’s Angela Leong On Kei and Wynn Macau’s Linda Chen said they believe Macau’s gaming operators’ revenue from non-gaming business will exceed 9 percent of their total income by 2020, local media reports.

The comments follow from the release of Macau’s draft five-year development plan, that called for an increase in non-gaming revenue of resorts from 6.6 percent in 2014 to 9 percent by 2020.

“As long as we [the six gaming operators] co-operate with each other, I believe we will achieve it. The government has set the goal. I think the six gaming companies will give their vigorous support,” said Leong, SJM’s managing director.

Meanwhile, Chen, the executive director of Wynn Macau said the operator would “definitely” achieve the goal.

“Every company in Macau should follow the overall direction the government has given us, continue to work together and keep increasing the percentage.”

Chen also added the focus for operators should be to improve the quality of their tourism services, rather than just looking at their non-gaming revenue.