Macau keeps casino licences limited to six, halves duration

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Macau Casino Operators Gain on Proposed Law Changes, Seen as a 'Strong Positive Catalyst' for Sector

January 14, 2022 7:47 AM EST

The Macau government announced today proposed changes to the local casino law that will see the government tighten oversight over the worlds largest casino market.

Among other things, the government is proposing that gaming licenses will be 10 years, down from the 20 years that the current law states. Authorities also said that the new gaming law will not undermine Chinas national... More