Macau to launch consultation on gaming rights in second half

Macau to launch consultation on gaming rights in second half

The consultation on gaming rights will include proposed amendments to Macau’s current gaming laws.

Macau.- The government has confirmed its intention to launch the re-tendering process for gaming rights in Macau in the second half of the year.

Macau’s current casino licences are due to expire in June 2022 but the city’s gaming laws state that th licences can be extended for up to five years from the original 20-year term.

The government has said it is seeking to launch its public consultation on proposed amendments to Macau’s gaming law in order to implement changes to the city’s gaming licence criteria, but industry experts believe amendments will likely be delayed until after the legislative elections on September 12.

Lei Wai Nong said: “The gaming industry is related to Macau’s future and welfare, and the re-tendering of gaming licences is being prepared accordingly.”

The Macau government expects tourism and gambling sectors to begin to recover following its Covid-19 vaccination plan.

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GAMING REGULATION Macau casinos