{"id":33551,"date":"2022-09-16T03:17:53","date_gmt":"2022-09-16T06:17:53","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=33551"},"modified":"2026-04-23T04:50:38","modified_gmt":"2026-04-23T07:50:38","slug":"macau-reiterates-plan-to-issue-new-casino-licences-by-year-end","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-reiterates-plan-to-issue-new-casino-licences-by-year-end","title":{"rendered":"Macau reiterates plan to issue new casino licences by year-end"},"content":{"rendered":"\n<p>The committee supervising the tender process does not have a specific timeline for when it will conclude its analysis.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The Macau government has reiterated its aim to\u00a0have the results of its casino licence retender ready in time to issue new licences<strong> by the end of the year<\/strong>. <\/p>\n\n\n\n<p>Bid submissions for new 10-year concessions closed on Wednesday (September 14). All six of Macau\u2019s current casino operators plus\u00a0<strong>GMM Limited<\/strong>, a company linked to Lim Kok Thay,\u00a0<strong>chairman of Genting Group<\/strong>,\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-7-operators-submit-bids-for-casino-concessions\" target=\"_blank\">submitted bids<\/a>.<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-names-committee-members-to-oversee-gaming-concession-tender\" target=\"_blank\">The Open Tender Committee<\/a>\u00a0held a ceremony to open the proposals today (September 16), in the presence of officials and legal advisers of the seven bidders. Secretary for Administration and Justice,\u00a0<strong>Andre Cheong Weng Chon<\/strong> said the process of opening bids could take the whole day but that he hoped to know by this evening if all seven bids have been accepted.<\/p>\n\n\n\n<p>He said authorities intended to have the results of the public tender by the end of the year but did not have a fixed timetable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The committee supervising the tender process does not have a specific timeline for when it will conclude its analysis.<\/p>\n","protected":false},"author":176,"featured_media":26764,"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 government aims to finalize its casino licence retender process and issue new 10-year concessions by year-end, despite the tender committee lacking a specific timeline for analysis. All six incumbent operators, alongside GMM Limited (linked to Genting Group), have submitted bids, which are currently undergoing review.","focusai_entities":"GMM Limited, Lim Kok Thay, Genting Group, Open Tender Committee, Andre Cheong Weng Chon","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.98), compliance_legal (0.9), operator_casino (0.99), investor_analyst (0.97), supplier_vendor (0.75), journalist_researcher (0.92)","focusai_suggestions":[{"label":"Impact on GGR Projections?","query":"How might the timeline uncertainty and the potential for new entrants impact consensus GGR projections for Macau's gaming market in the near to medium term?"},{"label":"Concession Terms Evolution?","query":"What specific changes in concession terms, particularly regarding non-gaming investment or social responsibility, are anticipated to be revealed with the new 10-year licences?"}],"footnotes":""},"categories":[16338,154],"tags":[23911,23906],"class_list":["post-33551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-legislation-news","tag-gambling-regulation","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33551","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=33551"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33551\/revisions"}],"predecessor-version":[{"id":33576,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33551\/revisions\/33576"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26764"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=33551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=33551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=33551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}