Macau Changes Approach to Satellite Casinos Again Ahead of Gambling Law Reform

Macau is eliminating a proposal from its gambling reform that significantly altered how satellite casinos would operate. Instead, third-party companies will be able to run the venues, but with certain restrictions.

Macau’s new gambling laws are coming within the next few weeks. It’s going to be the biggest shakeup in the Special Administrative Region’s (SAR) casino industry in years. Some of the expected changes have already led to a shift in partnerships and daily activity.

One of the reforms focused on satellite casinos. Information previously released indicated that only primary concessionaires would be able to operate the venues. This led to a number of satellites closing their doors over the past few months.

That may have been a premature move. Chan Chak Mo, the president of the Standing Committee of Macau’s Legislative Assembly, told reporters on Friday that the government will forego the new ownership requirements. However, this doesn’t mean that the current status quo will remain.

Source: https://www.casino.org/news/macau-changes-approach-to-satellite-casinos-again-ahead-of-gambling-law-reform/