{"id":24568,"date":"2021-11-16T10:11:39","date_gmt":"2021-11-16T13:11:39","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=24568"},"modified":"2026-04-23T13:48:48","modified_gmt":"2026-04-23T16:48:48","slug":"macaus-chief-executive-gave-no-details-about-casino-licences-renewal","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macaus-chief-executive-gave-no-details-about-casino-licences-renewal","title":{"rendered":"Macau\u2019s Chief Executive gave no details about casino licences renewal"},"content":{"rendered":"\n

Ho Iat Seng, Macau\u2019s chief executive, was asked about the possibility of a renewal of Macau’s six gaming concessions but gave a noncommittal answer.<\/p>\n\n\n\n\n\n\n\n

Macau.- The majority of Macau’s casino operators are confident that current casino licences will be renewed<\/a>. However, authorities gave no clue about it at least for now<\/strong>.<\/p>\n\n\n\n

Ho Iat Seng, Macau\u2019s chief executive<\/strong> was asked about a possible renewal of Macau’s six gaming concessions and the timetable for completing the review of Macau’s gaming laws but didn’t give a date.<\/p>\n\n\n\n

The Macau government has previously stated that the current casino licences will expire in June 2022, so a new open tender process will be carried out, although Macau’s gaming law will be revised before then. <\/p>\n\n\n\n

The government has also mentioned that it intends to complete the latter task in the fourth quarter of this year.<\/p>\n\n\n\n

Ho Iat Seng stated: “We are now compiling the opinions collected during the public consultation period<\/a>. We need then to start the legislative process by submitting the bill to the Legislative Assembly.”<\/p>\n\n\n\n

According to him, the revision of Macau\u2019s gaming laws will be done following nine main topics including the end of the current sub-concession system<\/a> that led to the creation of three additional Macau casino licences.<\/p>\n\n\n\n

The government also wants to increase the oversight of gaming concessionaires and junket operations<\/strong>, but it will maintain at least six gaming concessions.<\/p>\n\n\n\n

Authorities have also proposed electing \u201cdelegates\u201d to Macau\u2019s gaming concessions<\/strong>, so it can have a \u201cgreater checking\u201d limit on the activity of the gaming firms. A delegate system is already used to monitor other forms of public concession.<\/p>\n\n\n\n

As of now, it is still unknown if the revision of Macau’s gaming law will be finished before the end of current casino licences in June 2022<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ho Iat Seng, Macau\u2019s chief executive, was asked about the possibility of a renewal of Macau’s six gaming concessions but gave a noncommittal answer.<\/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 Chief Executive, Ho Iat Seng, provided a noncommittal response regarding the renewal of the region's six gaming concessions, which expire in June 2022. The government is revising gaming laws, with proposed changes including ending the sub-concession system, increasing oversight of concessionaires and junkets, and introducing \"delegates\" to monitor operations, though the timeline for legislative completion remains uncertain.","focusai_entities":"Ho Iat Seng, Macau government, Legislative Assembly","focusai_location":"Macau","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":"Concession Renewal Timeline","query":"What specific legislative milestones and public announcements are anticipated in Q4 2021 and Q1 2022 that will clarify the concession renewal process and the final gaming law revisions?"},{"label":"Impact of New Framework","query":"How will the proposed elimination of sub-concessions and the introduction of government \"delegates\" fundamentally alter the operational autonomy, governance frameworks, and competitive dynamics for existing Macau gaming concessionaires?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23907,23906],"class_list":["post-24568","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\/24568","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=24568"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24568\/revisions"}],"predecessor-version":[{"id":24570,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24568\/revisions\/24570"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=24568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=24568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=24568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}