{"id":33475,"date":"2022-09-14T01:57:09","date_gmt":"2022-09-14T04:57:09","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=33475"},"modified":"2026-04-23T04:56:31","modified_gmt":"2026-04-23T07:56:31","slug":"sands-china-and-melco-submit-bids-for-macau-gaming-concessions","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/sands-china-and-melco-submit-bids-for-macau-gaming-concessions","title":{"rendered":"Sands China and Melco submit bids for Macau gaming concessions"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">With little competition, analysts predict that Macau&#8217;s current six gaming operators will all win new concessions.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Macau.- With the deadline for submissions closing today, three operators have confirmed that they have submitted bids for new 10-year gaming concessions in Macau. Sands China and Melco have confirmed their bids following <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/wynn-macau-submits-bid-for-macau-gaming-concession\" target=\"_blank\">Wynn Macau<\/a>&#8216;s announcement yesterday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sands China submitted a bid as <strong>Venetian Macau, SA<\/strong>, the company that holds its current gaming rights. Melco submitted its bid under the name of its subsidiary <strong>Melco Resorts Macau<\/strong>. While the three remaining casino operators have not yet disclosed their bids, all are expected to be participating, with little competition expected from other parties.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Companies must submit some required eligibility documents and\u00a0<strong>pay a minimum deposit of MOP10m (US$1.2m)<\/strong> by the end of the day today. Macau&#8217;s new gaming legislation allows\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-casino-licences-limited-to-six-with-a-duration-of-10-years\" target=\"_blank\">up 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.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The winners of the tender are expected to be <strong>announced in late October or early November <\/strong>in time for the concession periods to begin in January.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With little competition, analysts predict that Macau&#8217;s current six gaming operators will all win new concessions.<\/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 six incumbent gaming operators are poised to secure new 10-year concessions, with Sands China, Melco, and Wynn Macau having confirmed their bids by the submission deadline. Analysts anticipate minimal competition, suggesting all current concessionaires will retain their licenses under the revised regulatory framework, which mandates a MOP5bn registered capital and a MOP10m deposit.","focusai_entities":"Sands China, Melco, Wynn Macau, Venetian Macau, SA, Melco Resorts Macau","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.92), operator_casino (0.97), investor_analyst (0.96), supplier_vendor (0.85), journalist_researcher (0.93)","focusai_suggestions":[{"label":"New Concession Non-Gaming Commitments?","query":"What specific non-gaming diversification commitments and social responsibility initiatives are embedded in the new Macau concession agreements, and what are the performance measurement frameworks for these obligations?"},{"label":"Macau Market Competitive Dynamics?","query":"Given the anticipated renewal of all incumbent operators and the lack of new entrants, what are the long-term implications for market innovation and competitive dynamics within Macau's gaming sector under the new 10-year concession framework?"}],"footnotes":""},"categories":[157,16338],"tags":[23906,23970,21680],"class_list":["post-33475","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","tag-macau-casinos","tag-melco-resorts-entertainment","tag-sands-china"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33475","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=33475"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33475\/revisions"}],"predecessor-version":[{"id":33510,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33475\/revisions\/33510"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=33475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=33475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=33475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}