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Pivot point for Macau as concessions/changes loom Macau has just wrapped up its public consultation on proposed amendments to gaming legislation. This was a key step ahead of the retendering process for the casino concessions that expire in June next year.
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Asia Gaming Briefings | November 2021
he proposals put forward by the government were short on detail and some of the broad outlines have alarmed both the industry and investors alike. So much so that shares
in the six concessionaires had their biggest one-day fall on record after the document was published, wiping more than $18 billion off their market value. The consultation process has also failed to shed much
