Macau to launch consultation on gaming rights with legislators
The consultation on gaming rights will be held on May 17 will gather legislators’ opinions about future gaming concessions.
Macau.- The Macau government has announced it will hold a consultation session with Legislative Assembly legislators on May 17 to gather their opinions on proposed amendments to Macau’s gaming law.
The consultation will also include the participation of the 10-member Public Concessions Follow-up Committee.
Macau’s current casino licences are due to expire in June 2022, but according to the city’s gaming laws could be extended for up to five years.
As for the consultation, some analysts have suggested the upcoming retendering of Macau’s casino licences could be the ideal time to implement changes to the licence criteria and to allow online gambling.
A research paper has suggested that Macau should add requirements for operators to invest in the diversification of Macau’s economy, which is highly dependent on the tourism sector.
There will also be a public consultation on the amendment of Macau’s gaming law. This is likely to be held after legislative elections on September 12.