• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 1 June 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
  • 日本語
No Result
View All Result
IAG
No Result
View All Result

Public Consultation on Macau gaming licenses to launch late 2020

Jane Ka Cheng Wong by Jane Ka Cheng Wong
Tue 28 Apr 2020 at 05:17
Lack of Cotai presence stings as VIP decline sees SJM lose more market share in 2Q19
44
SHARES
1.1k
VIEWS
Print Friendly, PDF & Email

A public consultation for the amendment of Macau’s gaming law will be launched at the end of the year ahead of the re-tendering of gaming concessions in June 2022, the government has pledged.

The timetable for the amendment of the law as well as the re-tendering process was raised by several legislators at a Q&A session of the Legislative Assembly on Monday, with Secretary for Economy and Finance Lei Wei Nong highlighting the government would not only focus on the structure of re-tendering but also on details of gaming law.

“The devil is in the details,” Lei said. “We must clarify all rights and responsibilities with gaming operators as all disputes must be solved based on details.”

Lei also believes Macau will have more bargaining power in negotiating with gaming operators this time around.

“Gaming liberalization in 2003 and the re-tendering in 2022 are two different discussions at different levels,” he added. “In 2003, Macau did not have enough conditions to make a choice, today we have more spaces and conditions to decide the direction of the gaming industry.”

Lei encouraged the public to offer more opinions on the re-tendering, including non-gaming elements, the corporate social responsibilities of gaming operators and support for local SMEs. However, he proposed re-defining so-called “non-gaming” elements, casting doubt on whether hotels, dining and other elements inside integrated resorts should be considered as non-gaming elements.

“The government will gather mainstream ideas and give consideration to minorities in proposing the draft of the gaming law,” he said.

However, Lei steered clear of offering more practical information about legislative and re-tendering timetables at this point.

RelatedPosts

Less than one month remaining to MGS Summit 2022

Macau GGR sets new post-COVID high of MOP$21.2 billion in May

Sun 1 Jun 2025 at 12:53
Robert Goldstein to step aside as LVS Chairman and CEO from March 2026, replaced by Patrick Dumont

Robert Goldstein: Macau gaming market challenged by increased competition, online gambling and US-Sino trade war

Fri 30 May 2025 at 06:42
Macau’s hotel occupancy rate reaches 89% in July

Macau’s hotel occupancy rate climbed to 87.8% in April

Thu 29 May 2025 at 17:27
On the brink

On the brink

Thu 29 May 2025 at 13:27
Load More
Tags: gaming concessionsLegislative AssemblyLei Wai Nonglicense re-tenderingMacau
Share18Share3
Jane Ka Cheng Wong

Jane Ka Cheng Wong

Jane Ka Cheng Wong is a journalist who joined Inside Asian Gaming after working for local Macau media for many years. As part of the IAG team she covers Macau-based stories relating to politics, gaming, IRs and local associations among other topics. Jane is intrigued by unique scenarios, vibrant cultures and different people, and hopes to continue exploring new places around the world in the future.

Current Issue

Editorial – Foreigner-only casinos: Seize the day

Editorial – Foreigner-only casinos: Seize the day

by Ben Blaschke
Thu 29 May 2025 at 13:38

I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...

A moral defense of gambling

A moral defense of gambling

by Andrew Russell
Wed 28 May 2025 at 18:19

Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...

Evolution Asia
Aristocrat
GLI
Mindslot
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

Concerned parties welcome opportunity for high-level discourse ahead of Thai Entertainment Complex Roundtable 

Concerned parties welcome opportunity for high-level discourse ahead of Thai Entertainment Complex Roundtable 

by Ben Blaschke
Sun 1 Jun 2025 at 15:46

This week’s groundbreaking Thai Entertainment Complex Roundtable (TECR) has been described by local participants as a vital opportunity for all stakeholders, including international operators and those concerned about Thai casino legislation, to work together to achieve mutually agreeable outcomes.  In...

Less than one month remaining to MGS Summit 2022

Macau GGR sets new post-COVID high of MOP$21.2 billion in May

by Ben Blaschke
Sun 1 Jun 2025 at 12:53

Macau’s casinos recorded gross gaming revenue of MOP$21.19 billion (US$2.62 billion) in May, making it the biggest month of 2025 so far but also the largest since borders reopened in January 2023. According to information from the Gaming Inspection and...

2022 Asian Gaming Power 50: Ones to watch

Controlling shareholder Ng Man Sun steps down as Chairman, CEO and Executive Director of Century Entertainment

by Newsdesk
Sun 1 Jun 2025 at 12:02

Ng Man Sun, a renowned former Macau junket figure and controlling shareholder of Hong Kong-listed gaming investor Century Entertainment International Holdings, has stepped down as the Chairman and CEO and relinquished his role as a director, the company announced Friday....

Vietnam asks PM to grant approval for US$2 billion Van Don casino development in Quang Ninh province

Vietnam asks PM to grant approval for US$2 billion Van Don casino development in Quang Ninh province

by Newsdesk
Sun 1 Jun 2025 at 11:26

Vietnam’s Ministry of Finance has reportedly submitted a proposal to the Prime Minister seeking approval to push forward with a VND51.5 trillion (US$2 billion) luxury casino-resort development in Quang Ninh province. The project is the same one previously proposed by...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文
  • 日本語

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • 日本語
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English
  • 日本語