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Macau Casinos Get Fifty Live Dealer Tables

By: Staff Writer, January 3, 2018

Macau casinos The Parisian Macao and Wynn Palace Cotai to get 25 live dealer tables each

Starting January 1, 2018, 50 new-to-market live dealer gaming tables will be operating in two Macau casinos.

Casino resorts The Parisian Macao and Wynn Palace Cotai, have been issued permission by the Gaming Inspection and Coordination Bureau, to each add additional 25 live dealer tables to their current offering.

Table Cap Policy

The Macau government has a cap table policy, which is effective since 2013, and is designed in order to limit compound annual growth of the number of new live dealer tables in the city’s casinos.

The growth of live dealer tables shouldn’t surpass 3% until 2022 from a base of 5,485 tables recorded at the end of the fourth quarter of 2012. The most recent available data, from the third quarter of 2017, states that there are currently 6,449 live dealer tables in the Macau market.

These properties run by the local subordinates of American casino operators Las Vegas Sands Corporation and Wynn Resorts Limited, both received their authorization on Wednesday.

The Two Resorts

Cotai resort Wynn Palace opened on 22 August 2016 and is worth $4.4 billion.

Before its opening, Macau’s secretary for Economy and Finance, Lionel Leong Vai Tac, had said that the resort was to receive 150 tables in total. Hundred of them were ready in time for its launch, and the additional 50 new-to-market tables will have be granted later on in two phases, 25 starting 1 January 2017 and another 25 led by highly-skilled dealers starting 1 January 2018.

Parisian Macao opened on 13 September 2016 welcoming players with 100 live dealer tables and is worth $2.7 billion.

This resort was granted 25 new-to-market tables operating since 1 January 2017 and, same as Wynn Palace, saw its compliment grow to encompass 150 units, since they were granted 25 more tables, starting 1 January 2018.

The recent authorizations are a part of the policy introduced by Gaming Inspection and Coordination Bureau back in 2013 and that growth of live dealer tables in the former Portuguese enclave is just where it needs to be and in accordance to planned 3 %.

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