{"id":18805,"date":"2021-06-09T14:37:19","date_gmt":"2021-06-09T14:37:19","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=18805"},"modified":"2026-04-23T18:45:14","modified_gmt":"2026-04-23T21:45:14","slug":"macau-slot-loses-exclusive-rights-to-run-instant-lotteries","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-slot-loses-exclusive-rights-to-run-instant-lotteries","title":{"rendered":"Macau Slot loses exclusive rights to run instant lotteries"},"content":{"rendered":"\n

The instant lottery and sports betting concessionaire has extended its concession for three years but without exclusive rights.<\/p>\n\n\n\n\n\n\n\n

Macau.- Sociedade de Lotarias e Apostas Mutuas de Macau, known as Macau Slot Co<\/strong>., has renewed its concession to operate soccer and basketball lotteries until June 5, 2024<\/strong>, but it will now face competition from other players.<\/p>\n\n\n\n

According to Macau Business, Macau Slot, may also “organize and explore other forms of lotteries<\/strong> or mutual betting” after approval from the Gaming Inspection and Coordination Department.<\/p>\n\n\n\n

Macau Slot Co’s contract could be revoked <\/strong>if the operator fails to maintain local workers.<\/p>\n\n\n\n

The company reported GGR down 27 per cent year-on-year in 2020<\/strong> to nearly MOP$543m (US$67.8m) due to the Covid-19 pandemic. That’s the lowest number in at least five years.<\/p>\n\n\n\n

In 2019, the instant lottery and sports betting concessionaire<\/a> reported net profits of MOP154.8m (US$19.3m)<\/strong>, a 30 per cent drop.<\/p>\n\n\n\n

Macau authorities analyse changes to gaming licence criteria <\/strong><\/h2>\n\n\n\n

Macau\u2019s current casino licences will expire in June 2022<\/strong>, but could be extended for up to five years under to the city\u2019s gaming laws.<\/p>\n\n\n\n

However, the city is analysing making changes<\/strong> to the current licence criteria following the impact of the Covid-19 pandemic.<\/p>\n\n\n\n

Some analysts have suggested the upcoming retendering of Macau\u2019s casino licences<\/a> would be the ideal time to implement changes to licence criteria<\/strong> and to allow online gambling.<\/p>\n\n\n\n

Analysts say online gambling combined with virtual reality could be effective to curb gambling addiction<\/strong> and could boost casino operators\u2019 revenue amid uncertainty about possible new Covid-19 waves<\/strong>.<\/p>\n\n\n\n

In May, Legislator Ella Lei Cheng I<\/a> said that legislators were suggesting the government conduct an assessment on how Macau\u2019s gaming companies have exercised their contracts<\/strong>.<\/p>\n\n\n\n

The proposal came ahead of a Legislative Assembly consultation session<\/strong> to gather opinions on proposed amendments to Macau\u2019s gaming law<\/a>.<\/p>\n\n\n\n

According to local media, government officials listened to legislators\u2019 suggestions on changes to the licence criteria <\/strong>to include requirements for operators to invest in the diversification of Macau\u2019s economy.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The instant lottery and sports betting concessionaire has extended its concession for three years but without exclusive rights.<\/p>\n","protected":false},"author":176,"featured_media":18831,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau Slot Co. has renewed its sports betting and lottery concession for three years, but without exclusivity, signaling a shift towards a more competitive market. Concurrently, Macau authorities are evaluating significant amendments to the broader gaming licence criteria, potentially introducing online gambling and mandating operator investment in economic diversification ahead of casino licence renewals in 2022.","focusai_entities":"Sociedade de Lotarias e Apostas Mutuas de Macau, Macau Slot Co., Gaming Inspection and Coordination Department, Ella Lei Cheng I","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), affiliate_publisher (0.7), product_ux (0.7), tech_data (0.7), marketing_crm (0.7), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.9), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Macau Licence Criteria Impact","query":"What specific changes to Macau's gaming licence criteria are most likely to be implemented, and how will these new requirements, particularly regarding economic diversification and online gambling, impact the operational models and capital expenditure plans of existing concessionaires?"},{"label":"Online Gambling Feasibility","query":"Given the historical resistance to online gambling in Macau, what are the primary regulatory and technical hurdles to its implementation, and what is the projected timeline for a comprehensive framework if approved?"}],"footnotes":""},"categories":[157,16338,158],"tags":[3573,23906,233],"class_list":["post-18805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-lottery","tag-macau-casinos","tag-sports-betting"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=18805"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18805\/revisions"}],"predecessor-version":[{"id":18832,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18805\/revisions\/18832"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18831"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=18805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=18805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=18805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}