{"id":777000477,"date":"2022-11-28T09:49:08","date_gmt":"2022-11-28T12:49:08","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777000477"},"modified":"2026-04-23T02:36:08","modified_gmt":"2026-04-23T05:36:08","slug":"macaus-six-casino-operators-retain-gaming-concessions-for-next-10-years","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macaus-six-casino-operators-retain-gaming-concessions-for-next-10-years","title":{"rendered":"Macau\u2019s six casino operators retain gaming concessions for next 10 years"},"content":{"rendered":"\n

Macau has announced the winners of its casino licence retender \u2013 and there are no surprises.<\/p>\n\n\n\n\n\n\n\n

Macau.- The government committee overseeing the Macau casino licence tender process<\/a> has announced its preliminary decisions. All six current casino operators in Macau will retain their presence, gaining new 10-year gaming concessions to begin in January 2023.<\/p>\n\n\n\n

As some many predicted<\/a>, the one outsider in the bidding process, GMM Limited<\/strong>, which is linked to Lim Kok Thay, chairman of Genting Group<\/strong>, did not win a concession. <\/p>\n\n\n\n

During a press conference on Saturday (November 26), Andre Cheong Weng Chun<\/strong>, chairman of the tender committee and Secretary of Administration and Justice, said the decision was reached after five rounds of negotiations with the seven bidders.<\/p>\n\n\n\n

He said the casino policy committee had analysed the bids based on the three main tender criteria: ensuring local employment stability, exploring overseas markets, and developing non-gaming options. <\/p>\n\n\n\n

According to Macau Business, the list of six provisional winners of the concessions was revealed in the following order: MGM China Holdings Ltd, Galaxy Entertainment Group Ltd, Sands China Ltd, Melco Resorts and Entertainment Ltd, Wynn Macau Ltd and SJM Holdings Ltd.<\/p>\n\n\n\n

Andre Cheong Weng Chun said that MGM China’s proposal received the highest score<\/strong>. Galaxy Entertainment’s proposal came in second, followed by Sands China, Melco Resorts and Wynn Macau. SJM Holdings\u2019 proposal received the lowest score out of the winners. Cheong did not disclose the actual scores.<\/p>\n\n\n\n

Regarding GMM, Cheong only said: \u201cGMM Limited is a firm that has only recently been incorporated in Macau\u2026 and does not have any experience in the Macau gaming industry.\u201d<\/p>\n\n\n\n

The Macau government will discuss the details of the new concessions with the six incumbents before the end of this year in order to start the concessions as scheduled in January. <\/p>\n\n\n\n

Andre Cheong Weng Chun said that it was not the moment to disclose the amount of investment that each winning bidder has committed to. Details of non-gaming projects and exact plans to attract overseas tourists were not revealed but Cheong said all franchisees came up with detailed action plans <\/strong>on annual investments.<\/p>\n\n\n\n

Credit Suisse AG<\/a> has predicted that Macau\u2019s casino operators might have to spend between HKD10bn (US$1.27bn) and HKD20bn (US$2.54bn) on non-gaming activities<\/strong> over the next 10 years in exchange for gaming rights.<\/p>\n\n\n\n

Cheong said: “We believe the repercussions of Covid-19 will only be temporary\u2026 and the normal travel arrangements will be restored after the pandemic so that the concessionaires can carry out different plans and projects in accordance with their pledges.”<\/p>\n\n\n\n

Before the rights are definitively assigned, casino operators must settle their annual gambling commission with the government.<\/p>\n","protected":false},"excerpt":{"rendered":"

Macau has announced the winners of its casino licence retender \u2013 and there are no surprises.<\/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 has provisionally awarded new 10-year gaming concessions to all six incumbent casino operators, effective January 2023, following a retender process. The decision prioritizes local employment, overseas market exploration, and non-gaming development, with significant capital expenditure expected for non-gaming initiatives. The sole challenger, GMM Limited, was unsuccessful due to its lack of local industry experience.","focusai_entities":"MGM China Holdings Ltd, Galaxy Entertainment Group Ltd, Sands China Ltd, Melco Resorts and Entertainment Ltd, Wynn Macau Ltd, SJM Holdings Ltd, GMM Limited, Lim Kok Thay, Genting Group, Andre Cheong Weng Chun, Credit Suisse AG, Macau Government","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), product_ux (0.7), marketing_crm (0.7), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Non-Gaming Capex","query":"What are the specific capital expenditure commitments for non-gaming development by each concessionaire, and how are these projected to impact their long-term revenue diversification and return on invested capital?"},{"label":"Regulatory Framework Evolution","query":"Beyond the stated criteria, what are the detailed changes in the regulatory compliance and governance frameworks under the new 10-year concessions, particularly regarding responsible gaming, data privacy, and capital repatriation policies?"}],"footnotes":""},"categories":[16338,154,158],"tags":[23911,23906],"class_list":["post-777000477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-legislation-news","category-slider-home","tag-gambling-regulation","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000477","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=777000477"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000477\/revisions"}],"predecessor-version":[{"id":777000518,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000477\/revisions\/777000518"}],"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=777000477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777000477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777000477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}