{"id":33744,"date":"2022-09-23T07:13:39","date_gmt":"2022-09-23T10:13:39","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=33744"},"modified":"2026-04-23T04:37:59","modified_gmt":"2026-04-23T07:37:59","slug":"macau-casino-tender-negotiation-stage-to-begin-on-monday","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-casino-tender-negotiation-stage-to-begin-on-monday","title":{"rendered":"Macau casino tender negotiation stage to begin on Monday"},"content":{"rendered":"\n<p>Each bidder&#8217;s representative will meet with the government committee overseeing the tender process.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- A negotiation stage in Macau&#8217;s casino retender process will begin on Monday following the\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-accepts-gaming-concession-bids-one-conditionally\" target=\"_blank\">acceptance of all seven bids<\/a> received. All six current gaming operators plus GMM Limited have applied for new 10-year casino licences.<\/p>\n\n\n\n<p>According to a report by Radio Macau, the committee overseeing\u00a0<strong>Macau\u2019s gaming concession retender\u00a0<\/strong>will meet representatives of each applicant to discuss in detail their bid from Monday (September 26). The negotiation stage is expected to run until September 29.<\/p>\n\n\n\n<p>Ho Iat Seng, Macau\u2019s chief executive could announce a preliminary decision on the casino concessions in November. Some companies have already begun making oral presentations to the authorities. Authorities have reiterated their aim to have the\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-reiterates-plan-to-issue-new-casino-licences-by-year-end\" target=\"_blank\">results of its casino licence retender<\/a>\u00a0ready in time to issue new licences<strong>\u00a0by the end of the year<\/strong>.<\/p>\n\n\n\n<p><strong>GMM Limited<\/strong>, the only bidder not already operating casinos in Macau, has been \u201cconditional accepted\u201d while the others were accepted without mention of any condition. Bids may be accepted conditionally if documents are submitted without non-essential formalities, or if the bidder has failed to submit the required documents due to justified circumstances beyond its control.<\/p>\n\n\n\n<p>Such violations must be remedied \u201cwithin the period specified by the Awards Committee for this purpose\u201d or the admission will expire.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Each bidder&#8217;s representative will meet with the government committee overseeing the tender process.<\/p>\n","protected":false},"author":176,"featured_media":21513,"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 casino retender process has advanced to a negotiation stage, with all seven bids, including those from six incumbent operators and GMM Limited, conditionally accepted. This critical phase, expected to conclude by September 29, will see a government committee meet with each applicant to discuss their proposals, with a preliminary decision on the 10-year concessions anticipated in November. The process aims to issue new licenses by year-end, shaping the future landscape of the region's gaming industry.","focusai_entities":"GMM Limited, Radio Macau, Ho Iat Seng","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":"GMM Bid Conditions?","query":"What specific conditions were imposed on GMM Limited's bid, and what is the remediation timeline for addressing these non-essential formalities or missing documents?"},{"label":"Concession Impact on Capex?","query":"How might the negotiation outcomes influence the capital expenditure commitments and non-gaming investment strategies of the successful bidders over the new 10-year concession period?"}],"footnotes":""},"categories":[16338,154,158],"tags":[23906],"class_list":["post-33744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-legislation-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33744","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=33744"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33744\/revisions"}],"predecessor-version":[{"id":33752,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/33744\/revisions\/33752"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21513"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=33744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=33744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=33744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}