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Macau concessionaries report year-to-year casinos fee as 10-year gaming concessions start

On January 2nd, 2023, six Macau concessionaires reported that they would individually pay the Macau government a base sum of MOP750 dollars per square meter of gaming space for the first 3 years of their latest 10-year concession contracts and MOP2.500 dollars per square meter for the remaining seven so they can “rent back the casinos as their respective integrated resorts.”

Usage fee:

During the second and third base years, the required payment of MOP750 dollars will be raised in accordance with the Macau average price index and throughout the fifth to tenth base years the required payment of MOP1.500 dollars will be indexed the same.

“The utilization fee comes after the casino areas of the concessionaires’ properties…