Macau Optimistic on Casino Concession Approvals in 2022

December 17, 2021 Crime & Legal

The Macau government seems like it is pushing to finish the re-tendering process of gaming concessions before current licenses expire next year. Lei Wai Nong, the Secretary for Economy and Finance, stated that details will soon be announced.

Casino Tenders a Sensitive Subject
According to Inside Asian Gaming, Lei spoke to the media after this past Monday’s Second Plenary Meeting of the Standing Committee for the Coordination of Social Affairs 2021. He stated that the government was currently working on a final report on the recent public consultation on proposed changes to Macau’s gaming laws.

Lei added that details of the public tender to receive new gaming concessions will be made available at the same time. Those details are well overdue and operators are cautious about what might be coming.

The official stated that the current gaming laws, now 20 years old, didn’t cover certain issues. He added, “We are preparing the consultation report and the bill will advance according to the projected timeline. Then we will advance with other works.”