{"id":22644,"date":"2021-09-15T12:56:04","date_gmt":"2021-09-15T15:56:04","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=22644"},"modified":"2026-04-23T15:38:25","modified_gmt":"2026-04-23T18:38:25","slug":"macau-gaming-stocks-plummet-after-proposed-new-gaming-laws","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-stocks-plummet-after-proposed-new-gaming-laws","title":{"rendered":"Macau gaming stocks plummet after proposed new gaming laws"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Macau casino operators stocks have fallen heavily after the government suggested changes to the current city\u2019s gaming laws amid a public consultation.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Macau.- Reports of a\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-consultation-on-gaming-law-to-open-on-september-15\">possible change in current gaming laws<\/a>\u00a0has caused Macau casino operators stocks to fall sharply. Sands China saw a 32.51 per cent drop in its shares while Wynn Resorts\u2019 share price declined by 10.85 per cent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to analysts,\u00a0<strong>the drop could also be related to fears surrounding a possible new Covid-19 surge <\/strong>as cases have risen in China in recent days. <strong>Brokerage JP Morgan Securities<\/strong>\u00a0has downgraded Macau gaming stocks from &#8220;overweight&#8221; to \u201cneutral\/underweight\u201d.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Macau\u2019s Gaming Inspection and Coordination Bureau (DICJ)<\/strong>\u00a0has confirmed that a\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-public-consultation-on-gaming-law-to-be-held-in-h2\">public consultation<\/a>\u00a0on the revision of the city\u2019s gaming law will run until October 29. <strong>Authorities expect to finish the amendment of the gaming law<\/strong>\u00a0by the final quarter the year before presenting a draft bill to the Legislative Assembly.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Although the proposed changes are not confirmed, analysts believe the announcements have &#8220;already planted a seed of doubt in investors\u2019 minds.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Macau\u2019s current casino licences are <a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-to-launch-consultation-on-gaming-rights-in-second-half\">due to expire in June 2022<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau casino operators stocks have fallen heavily after the government suggested changes to the current city\u2019s gaming laws amid a public consultation.<\/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 casino operators' stocks, including Sands China and Wynn Resorts, experienced significant declines following the government's announcement of a public consultation on proposed changes to the city's gaming laws. This regulatory uncertainty, coupled with fears of a new COVID-19 surge, has led to investor doubt and a downgrade of Macau gaming stocks by JP Morgan Securities, ahead of license expirations in June 2022.","focusai_entities":"Sands China, Wynn Resorts, JP Morgan Securities, Gaming Inspection and Coordination Bureau (DICJ)","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Law Amendment Details","query":"What specific amendments are being considered for Macau's gaming law, particularly regarding concession terms, capital requirements, and operational scope for existing and potential new entrants?"},{"label":"GGR & NGR Impact","query":"Beyond the immediate stock market reaction, what are the projected long-term implications of these regulatory changes on Macau's Gross Gaming Revenue (GGR) and Net Gaming Revenue (NGR) forecasts?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23907,23906],"class_list":["post-22644","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-land-based-casino","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22644","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=22644"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22644\/revisions"}],"predecessor-version":[{"id":22679,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22644\/revisions\/22679"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=22644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=22644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=22644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}