{"id":20611,"date":"2021-07-23T14:36:19","date_gmt":"2021-07-23T14:36:19","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=20611"},"modified":"2026-04-23T17:19:31","modified_gmt":"2026-04-23T20:19:31","slug":"macau-public-consultation-on-gaming-law-to-be-held-in-h2","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-public-consultation-on-gaming-law-to-be-held-in-h2","title":{"rendered":"Macau: public consultation on gaming law to be held in H2"},"content":{"rendered":"\n

Macau\u2019s secretary for economy and finance has said a public consultation on gaming law will be held in the second half of this year.<\/p>\n\n\n\n\n\n\n\n

Macau.- Macau\u2019s secretary for economy and finance has confirmed that a public consultation will go ahead in the second half of the year. <\/p>\n\n\n\n

The announcement comes amid growing speculation that Macau will extend its current gaming concessions<\/a>.<\/p>\n\n\n\n

Last November, authorities said insisted that the\u00a0public tender to renew casino licences<\/a>\u00a0would not be delayed due to the Covid-19 pandemic and that\u00a0new legislation would be ready<\/strong>\u00a0in time\u00a0<\/strong>for when licences expire in 2022.<\/p>\n\n\n\n

However, that will depend on the length of the public consultation and on the\u00a0upcoming Legislative Assembly elections<\/strong>. Several industry experts believe the process will be delayed\u00a0<\/strong>until after the\u00a0elections<\/a> so that new legislators will be in charge of amending Macau’s gaming law.<\/p>\n\n\n\n

Ho Iat Seng,\u00a0Macau\u2019s Chief Executive<\/strong>, has said that the budget deficit caused by the Covid-19 pandemic should be fixed through diversifying the economy, and that this objective will form part of the consultation on gaming rights.<\/p>\n\n\n\n

In April, experts on gaming law released a\u00a0research paper<\/a>\u00a0proposing the city\u2019s gaming licence criteria require \u201ccommitments relating to several non-core activities.<\/strong>\u201d<\/p>\n\n\n\n

The paper noted that\u00a0Macau was \u201cexcessively dependent on tourism and gaming<\/strong>“. Analysts also suggest there should be a requirement\u00a0for investment in the Guangdong-Hong Kong-Macau Greater Bay Area (GBA)\u00a0<\/strong>to create an international world-class tourism destination that recognises the uniqueness of Macau\u2019s cultural and social resources.<\/p>\n","protected":false},"excerpt":{"rendered":"

Macau\u2019s secretary for economy and finance has said a public consultation on gaming law will be held in the second half of this year.<\/p>\n","protected":false},"author":176,"featured_media":0,"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's secretary for economy and finance has confirmed a public consultation on gaming law will commence in H2 this year, amidst speculation regarding the extension of current gaming concessions. This consultation is critical as existing casino licenses are set to expire in 2022, with potential delays influenced by upcoming Legislative Assembly elections. Key proposals include mandating economic diversification beyond gaming and tourism, requiring commitments to non-core activities, and fostering investment in the Guangdong-Hong Kong-Macau Greater Bay Area.","focusai_entities":"Ho Iat Seng","focusai_location":"Macau, Guangdong, Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Non-Core Activity Mandates","query":"What specific non-gaming activities and investment commitments are likely to be mandated for concessionaires under the new gaming law, and how will these be evaluated?"},{"label":"Concession Renewal Timeline","query":"Given the upcoming Legislative Assembly elections, what is the revised, realistic timeline for the public tender process and the finalization of new gaming concessions?"}],"footnotes":""},"categories":[16338,156,158],"tags":[23906],"class_list":["post-20611","post","type-post","status-publish","format-standard","hentry","category-east-asia-news","category-regulation-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20611","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=20611"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20611\/revisions"}],"predecessor-version":[{"id":20643,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20611\/revisions\/20643"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=20611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=20611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=20611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}