{"id":777028266,"date":"2025-06-25T08:43:59","date_gmt":"2025-06-25T11:43:59","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777028266"},"modified":"2026-04-21T21:35:20","modified_gmt":"2026-04-22T00:35:20","slug":"macau-government-extends-instant-lottery-concession-agreement-with-macau-slot","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-government-extends-instant-lottery-concession-agreement-with-macau-slot","title":{"rendered":"Macau government extends instant lottery concession agreement with Macau Slot"},"content":{"rendered":"\n

The contract will now run until 2026.<\/p>\n\n\n\n\n\n\n\n

Macau.- The only licensed sports betting operator in Macau, Macau Slot, has been granted a one-year extension to its instant lottery concession. According to an announcement published in the Official Gazette on Wednesday, the contract will now run until June 5, 2026.<\/p>\n\n\n\n

The Financial Services Bureau confirmed that there is possibility of further extensions subject to mutual agreement. <\/p>\n\n\n\n

Macau Slot has\u00a0agreed to reduce non-professional foreign staff<\/a> as a condition. The company said 15 per cent of its personnel currently come from outside the city. It has commited to reduce its non-professional foreign worker quota by 35 per cent by the end of the first quarter of 2026, and then implement measures to reduce the total foreign worker quota.<\/p>\n\n\n\n

A clause in the contract states that the concessionaire must gradually reduce the number of foreign employees in accordance with its commitment to give priority to recruiting and hiring local employees and offering on-the-job training and in line with the government\u2019s labour policy.<\/p>\n\n\n\n

An update on Macau Slot\u2019s financials shows the company had assets of MOP$954m (US$118m) as of December 31, 2024, up 7.8 per cent year-on-year. Company disclosures show Macau Slot reported a profit of MOP130.88m (US$16.3m) in 2024, up 5.5 per cent year-on-year.
<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> HKJC opens applications for racing trainees<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The contract will now run until 2026.<\/p>\n","protected":false},"author":226,"featured_media":777026734,"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 Slot, the exclusive licensed sports betting operator in Macau, has secured a one-year extension for its instant lottery concession, now valid until June 5, 2026. This extension is contingent upon the company's commitment to significantly reduce its non-professional foreign workforce, aligning with government labor policies. The company reported a 7.8% increase in assets and a 5.5% rise in profit for 2024.","focusai_entities":"Macau Slot, Financial Services Bureau","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.8), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau Slot Concession Impact","query":"What are the long-term implications of Macau Slot's concession extension and the mandated foreign worker reduction on the competitive landscape and operational efficiency within Macau's iGaming sector?"},{"label":"Regulatory Precedent Analysis","query":"How might the specific labor localization conditions imposed on Macau Slot's concession extension set a precedent for future regulatory frameworks or renewals for other gaming operators in Macau or similar jurisdictions?"}],"footnotes":""},"categories":[157,16338],"tags":[24808,257,24807],"class_list":["post-777028266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-financial-services-bureau","tag-macau","tag-macau-slot"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028266","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\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777028266"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028266\/revisions"}],"predecessor-version":[{"id":777028299,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028266\/revisions\/777028299"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777026734"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777028266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777028266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777028266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}