• 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

MGEMA calls for Macau’s satellite casinos to be licensed by law

Ben Blaschke by Ben Blaschke
Thu 4 Nov 2021 at 16:05
MGEMA calls for Macau’s satellite casinos to be licensed by law

Casino Kam Pek on the Macau peninsula is a satellite casino operated under the license of SJM.

37
SHARES
929
VIEWS
Print Friendly, PDF & Email

The Macau Gaming Equipment Manufacturers Association (MGEMA) – an entity representing the interests of gaming and technology suppliers – has called for proposed revisions to Macau’s gaming law to include the granting of legal status to satellite casinos.

The future of Macau’s satellites – casinos run by third party operators under the license of a Macau concessionaire – has long been a point of contention after they were essentially “grandfathered” in when Law 16/2001 was introduced some 20 years ago.

However, their status was a notable omission from proposed amendments to the gaming law outlined by the government in September and their future was not raised during any of four public consultation sessions hosted by the Gaming Inspection and Coordination Bureau (DICJ) last week.

There are currently 18 satellite casinos in Macau of which 14 are under the license of SJM, three of Galaxy Entertainment Group and one of Melco Resorts & Entertainment.

In a submission to the government obtained by Inside Asian Gaming, the MGEMA said satellite casinos “should be granted legal status” as a unique model in the development of Macau’s gaming industry.

“The assets of the 18 satellite casinos currently exceed MOP$50 billion (US$6.2 billion) and they have made a significant contribution to Macau’s economic development and job creation in the past 20 years,” the submission reads.

“The overall scale of the satellite casinos combined is by no means inferior to any current gambling concession holder. The number of local employees employed by the satellite casinos accounts for about 15% of the local gambling workforce. At the same time, it has also cultivated the surrounding catering and retail industries.

“Satellite casinos are an existing fact and the government cannot turn a blind eye and ignore it. This industry must have room for survival and development. We (the MGEMA) recommended issuing multiple franchise licenses and giving them legal status so as to stabilize the social environment of Macau and promote the diversified development of the gaming industry.”

The MGEMA, organizer of the Macao Gaming Show, is headed by Paradise Entertainment Ltd Chairman and Managing Director Jay Chun. Paradise operates one of Macau’s satellite casinos, Casino Kam Pek Paradise, under SJM’s license and until March 2020 had operated Casino Waldo under the license of Galaxy.

The MGEMA’s submission also calls for new casino licenses to run for at least 15 years rather than the shorter 10-year period some have predicted, pointing to the withdrawal of major global operators from the race to develop an IR in Japan as evidence.

“With reference to Japan’s strict 10-year period, the world’s mainstream gaming companies have already stopped, and many have given up their investment in Japan,” it says.

“To develop, it is necessary to invest. If the investment cannot be recovered within the approved period, no enterprise will be willing to invest or increase the investment quota. We can learn from the past, so the grant period under the revised Gaming Law should be long rather than short and must be at least 15 years or more.”

The submission also proposes setting a minimum percentage for the local production of gaming equipment in order to boost Macau’s manufacturing industries.

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 LawJay ChunMacauMacau Gaming Equipment Manufacturers Associationsatellite casinos
Share15Share3
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

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