The abolition of sub-concessions, altered license terms and increased government oversight...

Sub-concessions axed, license terms amended as Macau government reveals draft revisions to gaming law – IAG – Inside Asian Gaming

The abolition of sub-concessions, altered license terms and increased government oversight of gaming activities are among the proposed changes to Macau’s gaming law set for public consultation from Wednesday. First details of how the new gaming law might look were announced at a press conference on Tuesday, with the draft revisions to undergo a six-week public consultation process running from 15 September to 29 October 2021. Among the proposed changes is an end to the sub-concession system under which Sands China, MGM Resorts and Melco Resorts operate under the full concessions of Galaxy Entertainment Group, SJM Holdings and Wynn Macau …

 

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