{"id":35407,"date":"2022-11-14T12:57:48","date_gmt":"2022-11-14T15:57:48","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=35407"},"modified":"2026-04-23T02:59:52","modified_gmt":"2026-04-23T05:59:52","slug":"macau-casino-operators-must-invest-up-to-us12-4bn-over-10-years","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-casino-operators-must-invest-up-to-us12-4bn-over-10-years","title":{"rendered":"Macau casino operators must invest up to US$12.4bn over 10 years"},"content":{"rendered":"\n<p>Companies seeking a gaming concession will have to fund international events.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- As we wait for the results of <a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-7-operators-submit-bids-for-casino-concessions\" target=\"_blank\">Macau&#8217;s casino licence retender<\/a>, new details have emerged about the government&#8217;s requirements for licensees. TDM Radio Macau has reported that authorities told operators they will need to invest as much as<strong> MOP100bn (US$12.4bn)<\/strong> during the ten-year concessions.<\/p>\n\n\n\n<p>This includes funding for international events such as the&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-casino-operators-to-sponsor-69th-macau-grand-prix\" target=\"_blank\">Macau Grand Prix<\/a>&nbsp;and the Macau International Marathon. Both are important events for tourism in Macau, which can also benefit casinos. The government will also require licensees to support smaller events organised by local associations and the government.<\/p>\n\n\n\n<p>Another requirement will be for casino operators to fund music events brought in from abroad, including from China and South Korea in a bid to appeal to <strong>more visitors.<\/strong> Macau&#8217;s economic downturn caused by the Covid-19 pandemic has led authorities to rethink its dependence on gaming and insist that operators&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-casino-bidders-reportedly-told-to-increase-investment-in-non-gaming\" target=\"_blank\">increase investment in non-gaming areas<\/a>.<\/p>\n\n\n\n<p>The commission&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-announces-deadline-for-gaming-concession-tender-process\" rel=\"noreferrer noopener\">overseeing Macau\u2019s casino retender<\/a>&nbsp;has said that bids will be evaluated in accordance with the following factors:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The company\u2019s proposal to expand tourist markets from foreign countries;&nbsp;<\/li>\n\n\n\n<li>Its experience in operating casinos or other relevant businesses;&nbsp;<\/li>\n\n\n\n<li>The benefits of their gaming and non-gaming investments;&nbsp;<\/li>\n\n\n\n<li>The company\u2019s plans to manage its casino operations;&nbsp;<\/li>\n\n\n\n<li>Its monitoring and prevention of illegal casino activities recommendations;&nbsp;<\/li>\n\n\n\n<li>Its commitment to corporate social responsibility activities.<\/li>\n<\/ul>\n\n\n\n<p>Authorities expect to have the results of the retender ready in time to issue new licences<strong>&nbsp;by the end of the year<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Companies seeking a gaming concession will have to fund international events.<\/p>\n","protected":false},"author":176,"featured_media":26451,"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 has stipulated that successful bidders in the casino licence retender must commit MOP100bn (US$12.4bn) over ten years, with a significant portion allocated to non-gaming investments. These include funding international and local events, reflecting a strategic pivot towards economic diversification and reduced reliance on gaming revenue. Concession evaluation will prioritize foreign tourist market expansion, non-gaming investment benefits, and robust operational governance.","focusai_entities":"TDM Radio Macau, Macau SAR Government","focusai_location":"Macau, China, South Korea","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Non-Gaming ROI?","query":"How will the Macau SAR Government measure the return on investment (ROI) for the mandated non-gaming capital expenditures, and what specific metrics will be used to evaluate their contribution to economic diversification?"},{"label":"Foreign Market Expansion?","query":"What specific incentives or regulatory frameworks will the Macau SAR Government implement to support concessionaires in expanding foreign tourist markets beyond traditional Greater China visitors, and how will success be quantified?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23906],"class_list":["post-35407","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\/35407","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=35407"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/35407\/revisions"}],"predecessor-version":[{"id":35420,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/35407\/revisions\/35420"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26451"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=35407"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=35407"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=35407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}