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Tag: Concession

2020-06-26
The Macau Horse Racing Company, operator of the Macau Jockey Club, has reported MOP1.5 billion (US$188 million) in losses for the year 2019. The en

2020-06-08
The steep deterioration in US-China tensions, coupled with the coronavirus outbreak poses serious threats to foreign firms involved in the Macau gamin

2019-11-27
The Macau government is set to ignore a clause in the concession contract of SJM and MGM, which requires the companies to hand over casino and gaming

2019-09-13
Macau chief executive-elect, Ho Iat Seng promised to safeguard Macau’s gaming and tourism industries, during a press briefing in Beijing.  Ho wa

2019-06-26
Heightening tension from the U.S.-China trade war has renewed concerns of U.S. casino operators in Macau losing their licenses.  However, accordin

2019-05-23
As Macau moves toward its 2022 re-tendering process for its six IR concessionaires, "stability" will likely the watchword for the government policy, a

2019-05-13
Macau gaming law professor Jorge Godhino says the public tender for gaming concessions will likely be held in 2021, Macau News Agency reports. On

2019-02-15
Macau Legend Development Ltd. said it will try “its best” to apply for a gaming concessionaire license come renewal period, Macau Business reports

2019-02-11
Macau casino operator SJM Holdings is “looking forward” to the continuation of its gaming license, which is due to expire next year, so said SJM c

2019-01-11
Macau’s gaming concessionaires face increased geopolitical risks in 2019, said Steve Vickers, a Hong Kong-based international risk expert in a repor

2018-10-26
Former SJM Holdings executive director Rui Cunha on Thursday said that he believes there won’t be “space” for more than six gaming concessions c

2018-10-09
Pansy Ho Chiu King, co-chairperson and executive director of MGM China says that Macau operators have been “collectively positioning” themselves t

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