The horse racing sector in Macao shrunk greatly within five years, reaching its lowest gross revenue of 47 million Macau patacas in 2021. The sector accounted for less than one percent of the city's gaming and gambling industry. The Macao Horse Racing Company, which also runs the Macao Jockey Club, has the monopoly on horse racing betting for four decades in the city. Since 2004, the company has reported an annual deficit. Its accumulated losses amounted to over one billion Macau patacas in early 2019.
Gross revenue of the horse racing sector in Macao from 2014 to 2021
(in million Macau patacas)
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Gaming Inspection and Coordination Bureau Macao. (May 20, 2022). Gross revenue of the horse racing sector in Macao from 2014 to 2021 (in million Macau patacas) [Graph]. In Statista. Retrieved May 28, 2022, from https://www.statista.com/statistics/1041449/macau-horse-racing-gross-revenue/
Gaming Inspection and Coordination Bureau Macao. "Gross revenue of the horse racing sector in Macao from 2014 to 2021 (in million Macau patacas)." Chart. May 20, 2022. Statista. Accessed May 28, 2022. https://www.statista.com/statistics/1041449/macau-horse-racing-gross-revenue/
Gaming Inspection and Coordination Bureau Macao. (2022). Gross revenue of the horse racing sector in Macao from 2014 to 2021 (in million Macau patacas). Statista. Statista Inc.. Accessed: May 28, 2022. https://www.statista.com/statistics/1041449/macau-horse-racing-gross-revenue/
Gaming Inspection and Coordination Bureau Macao. "Gross Revenue of The Horse Racing Sector in Macao from 2014 to 2021 (in Million Macau Patacas)." Statista, Statista Inc., 20 May 2022, https://www.statista.com/statistics/1041449/macau-horse-racing-gross-revenue/
Gaming Inspection and Coordination Bureau Macao, Gross revenue of the horse racing sector in Macao from 2014 to 2021 (in million Macau patacas) Statista, https://www.statista.com/statistics/1041449/macau-horse-racing-gross-revenue/ (last visited May 28, 2022)