Macau Extends Wing Hing Lottery Concession to 2026
The Macau government has granted Wing Hing Lottery Company Limited a one-year extension to continue operating Chinese lotteries in Macau until December 31, 2026, introducing notable changes aimed at boosting local employment.
Concession and Employment Requirements
Under the renewed concession, Wing Hing is required to pay a premium of MOP500,000 (approx. US$62,300) and adhere to new employment-related obligations. The operator must collaborate with Macau authorities on recruitment strategies, provide training for local staff and ensure compliance with labor regulations, reflecting the government’s focus on integrating employment priorities within the gaming sector.
Established Market Presence
Wing Hing has a long-standing presence in Macau, initially authorized to operate Chinese lotteries in 1990. The company expanded into telephone and online betting in 2004, offering multiple access channels to players. Since 2010, its operations have been governed by annual renewals, highlighting a stable regulatory relationship and extensive operational experience.
Financial Performance
In 2024, Wing Hing reported a net income of MOP301.1 million (approx. US$37.5 million), a slight 0.3% decline from the previous year. In the first three quarters of 2025, gross gaming yield remained steady at MOP10 million (approx. US$1.2 million), while total betting turnover fell by 9.3% to MOP39 million (approx. US$4.9 million), indicating softer market participation despite steady revenue.
Policy and Labor Integration
The inclusion of mandatory local employment criteria demonstrates Macau’s effort to align gaming sector operations with broader economic objectives. By linking concession rights with workforce development, the government is encouraging operators like Wing Hing to contribute actively to the local labor market.
Regulatory Outlook
Wing Hing’s long history of annual concession renewals reflects regulatory stability, though annual authorizations limit long-term strategic certainty. The addition of local employment obligations signals an evolving regulatory environment that increasingly prioritizes social and economic impact alongside revenue generation.
