{"id":26375,"date":"2022-01-19T07:37:52","date_gmt":"2022-01-19T10:37:52","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=26375"},"modified":"2026-04-23T12:08:07","modified_gmt":"2026-04-23T15:08:07","slug":"first-debate-on-macau-gaming-law-amendment-bill-set-for-january-24","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/first-debate-on-macau-gaming-law-amendment-bill-set-for-january-24","title":{"rendered":"First debate on Macau gaming law amendment bill set for January 24"},"content":{"rendered":"\n

A first-reading debate and vote on the gaming law amendment bill will be held next Monday.<\/p>\n\n\n\n\n\n\n\n

Macau.- Macau’s Legislative Council will conduct its official first reading of the gaming law amendment bill on January 24. The bill will be sent to a subcommittee after a first reading vote. The committee may propose changes before a second and final reading and voting at another plenary meeting of the General Assembly.<\/p>\n\n\n\n

As\u00a0the entire process may not be completed<\/strong>\u00a0before the six existing casino concessions expire on June 26, authorities will consider extending existing licensees to the extent permitted by current gaming laws.<\/p>\n\n\n\n

Under the new amendment bill<\/a>,\u00a0the concession period will be for a maximum of 10 years<\/strong>\u00a0but can be extended for a further three years in exceptional circumstances. There would remain up to six concessions but the current sub-concession system<\/a> would end.<\/p>\n\n\n\n

All six Macau casino operators have\u00a0shown support for amendments<\/a>\u00a0to the gaming regulatory framework. MGM China Holdings <\/strong>said the bill \u201cprovides details over various key aspects of the overall administrative procedures and timetable, outlining a clear roadmap on the upcoming important milestone of retendering.\u201d<\/p>\n\n\n\n

Sands China\u00a0<\/strong>said the amendments provide \u201cclear guidelines on several proposed changes following feedback from the industry and the general public.\u201d Wynn Macau<\/strong>\u00a0said: \u201cThe enhancement of these regulations will significantly strengthen the sustainable development of Macau.\u201d<\/p>\n\n\n\n

SJM Resorts SA<\/strong>\u00a0said the bill showed \u201cthe Government has taken into account the views collected from the industry and various sectors during the public consultation.\u201d Galaxy Entertainment Group<\/strong> said that \u201chaving optimised laws and regulations in place will lay a solid foundation for the city\u2019s steady development.\u201d<\/p>\n\n\n\n

Meanwhile,\u00a0Melco Resorts and Entertainment<\/strong>, said it is \u201ccommitted to participating in the public tender of the award of a gaming concession and will continue to promote economic diversification.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

A first-reading debate and vote on the gaming law amendment bill will be held next Monday.<\/p>\n","protected":false},"author":176,"featured_media":10582,"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 Legislative Council is set to conduct the first reading of the gaming law amendment bill on January 24. The proposed amendments include a maximum 10-year concession period, with a potential three-year extension, and the termination of the sub-concession system. Authorities are considering extending existing licenses beyond their June 26 expiry, a move broadly supported by the six incumbent casino operators.","focusai_entities":"Macau's Legislative Council, MGM China Holdings, Sands China, Wynn Macau, SJM Resorts SA, Galaxy Entertainment Group, Melco Resorts and Entertainment","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Concession Extension Likelihood?","query":"What specific legal provisions within current Macau gaming laws permit the extension of existing concessions, and what criteria would authorities apply to determine the duration of such extensions?"},{"label":"Impact on Sub-Concessions?","query":"How will the termination of the sub-concession system impact the operational structures and financial arrangements of the current sub-concessionaires, and what transition mechanisms are anticipated?"}],"footnotes":""},"categories":[16338,156,158],"tags":[23911,23906],"class_list":["post-26375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-regulation-news","category-slider-home","tag-gambling-regulation","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26375","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=26375"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26375\/revisions"}],"predecessor-version":[{"id":26383,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26375\/revisions\/26383"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10582"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=26375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=26375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=26375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}