The Asia Gaming Brief examined the practices of local casino operators between 2012 and 2021, and found that most concessionaires were not proactive enough in disclosing the information required by the Macau government. Report.
Depend on Asia Pacific Gambling Research AssociationThe study noted that many key data points — such as local employment figures and purchases from local businesses — were either missing or provided late, in some cases years after being requested.
Co-author Jia Zeng said her team’s analysis revealed “a pattern where gaming operators frequently delay or inadequately respond to stakeholder expectations, particularly in areas critical to social responsibility and community engagement.”
The research is based on the government’s annual policy reports on six gaming companies from 2012 to 2021, their annual reports and ESG (environmental, social and governance) disclosures, their websites and financial performance.
[See more: Gambling crime is up 75 percent year-on-year]
The report noted that MGM Macau and Galaxy Entertainment Group were the best at providing the required information, albeit with delays of two to three years, followed by Sands. SJM, Melco Crown and Wynn were the slowest responding gaming operators in Macau.
Lead researcher Cheng Chung-Lo said the lack of data made it “difficult to make an accurate assessment” of how gaming operators have contributed to diversifying Macau’s economy, supporting small and medium-sized enterprises, implementing responsible gaming practices and boosting local employment during this period.
It is worth noting that the data used in the study was obtained from the latest round of six gaming operators in Hong Kong. 10-year discountThe plan, which is due to be implemented in 2022, calls for operators to play a more active role in Macau’s economy and residents’ daily lives.
However, Zeng and Zheng’s research team noted that they still believe their study provides strong evidence for quantifying the social responsibility of gaming companies and provides assurance that the lack of transparency that franchisees have demonstrated in the past is now a thing of the past.
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