{"id":32744,"date":"2022-08-17T17:53:28","date_gmt":"2022-08-17T20:53:28","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=32744"},"modified":"2026-04-23T05:47:32","modified_gmt":"2026-04-23T08:47:32","slug":"macau-names-committee-members-to-oversee-gaming-concession-tender","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-names-committee-members-to-oversee-gaming-concession-tender","title":{"rendered":"Macau names committee members to oversee gaming concession tender"},"content":{"rendered":"\n

The committee will assist the city’s chief executive in drafting policies for the gaming sector.<\/p>\n\n\n\n\n\n\n\n

Macau.- Authorities in Macau have named the members of the newly-formed casino policy committee tasked with overseeing Macau\u2019s gaming concession retender<\/a>. According to information published in the city\u2019s Official Gazette,\u00a0Lei Wai Nong<\/strong>, the current secretary for economy and finance, will chair the committee. <\/p>\n\n\n\n

Other members include Adriano Marques Ho, head of the Gaming Inspection and Coordination Bureau; Hoi Lai Fong, from the Chief Executive\u2019s Office; Lam Chi Long, from the Office of the Secretary for Administration and Justice; and Ku Mei Leng, from the Office of the Secretary for Economy and Finance. <\/p>\n\n\n\n

Also on the new body are: Cheong Ioc Ieng, from the Office of the Secretary for Security; Ho Ioc San, from the Office of the Secretary for Social Affairs and Culture; and Cheong Chui Ling, from the Office of the Secretary for Transport and Public Works. Each member also has a chief-of-office role.<\/p>\n\n\n\n

The chairman of the committee may invite other persons, including government and private sector officials and experts from Macau or overseas to attend the meetings. Such invitees will not have voting rights within the committee.<\/p>\n\n\n\n

Macau’s new gaming legislation allows\u00a0up to six gaming concessions<\/a>\u00a0\u2013 equal to the current number \u2013 with a length of 10 years. Casino operators must have a registered capital of at least MOP5bn while their licences are valid. The concessionaire and anyone holding more than 5 per cent of the operator\u2019s shares must not own, directly or indirectly, the capital of another concessionaire. Operators must submit their proposals by September 14.<\/p>\n","protected":false},"excerpt":{"rendered":"

The committee will assist the city’s chief executive in drafting policies for the gaming sector.<\/p>\n","protected":false},"author":176,"featured_media":20612,"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 has established a new casino policy committee, chaired by Lei Wai Nong, to oversee the critical gaming concession retender process. This committee will assist the Chief Executive in drafting sector policies, with new legislation allowing up to six 10-year concessions, mandating MOP5bn registered capital, and prohibiting cross-ownership among concessionaires. Operators must submit proposals by September 14.","focusai_entities":"Lei Wai Nong, Adriano Marques Ho, Hoi Lai Fong, Lam Chi Long, Ku Mei Leng, Cheong Ioc Ieng, Ho Ioc San, Cheong Chui Ling, Gaming Inspection and Coordination Bureau","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Committee's Policy Impact","query":"What specific policy shifts or regulatory enhancements are anticipated from the newly formed casino policy committee beyond the outlined concession terms, particularly concerning responsible gaming or market diversification strategies?"},{"label":"Concession Terms Analysis","query":"How do the MOP5bn registered capital requirement and the prohibition on cross-ownership impact the competitive landscape and potential M&A activities among current and prospective Macau concessionaires?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-32744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32744","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=32744"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32744\/revisions"}],"predecessor-version":[{"id":32776,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32744\/revisions\/32776"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20612"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=32744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=32744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=32744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}