MGEMA calls for policy change to foster local firms The Macau government needs to change its policies to nurture the local gambling equipment manufacturers, as it is losing a golden opportunity to develop the industry and create quality jobs for residents, the head of the industry association said.
acau Gaming Equipment Manufacturers’ Association Chairman Jay Chun told AGB in an exclusive interview that he would like to see the current ban on revenue sharing between operators and gaming equipment suppliers amended to make it possible for smaller local suppliers to develop their products. At present, Administrative Regulation 26/2012 makes clear that gaming revenue sharing arrangements between a gaming concessionaire/sub-concessionaire and a gaming manufacturer are not allowed and may result in the revocation of the gaming manufacturer’s approval granted by the regulator, the DICJ. Chun, who is also the chairman of Paradise
Asia Gaming Briefings | August 2017
Entertainment, said the association has carried out research and found that if revenue sharing were allowed, for every two, or maximum three machines involved, it would be possible to create one job opportunity at the same pay as a dealer. “This industry is one of the biggest opportunities to bring industry back to Macau, for companies to grow up and export their product again,” he said. “It’s much better than just being a dealer, why reserve dealer jobs for locals, as that could be cheap labour. Operators can cut labour costs and the Macau people can work more normal hours,” he said, pointing to the 24-hour operations of the casino floors, compared with an 8-hour working day in a factory.
Published on Nov 10, 2017