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Developing foreign markets a key focus of Macau casino re-tender

July 29, 2022 Macau Crime & LegalIndustry Updates

The Macao SAR Government says the development of non-gaming elements and attracting more foreign customers will be the key points of a re-tendering for casino concessions launching this Friday 29 July.

As per order of the Chief Executive, Macau’s new round of public bidding for casino concessions begins this week and will run until 14 September. A Tender Committee tasked with awarding up to six new concessions will be chaired by the Secretary for Administration and Justice, Cheong Weng Chon.

At a press conference held Thursday afternoon, the government pointed out that the focus of the tender is to grant a maximum of six gambling licences for a 10-year period, with the participating companies focusing on non-gaming elements, social responsibility and developing foreign markets.

“The government will require the companies participating in the tender to give a detailed account of their investments and commitments in terms of non-gaming development plans and the development of overseas markets,” Cheong said.

Source: https://www.asgam.com/index.php/2022/07/28/developing-foreign-markets-a-key-focus-of-macau-casino-re-tender/
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