HONG KONG: The number of new casino operators allowed to operate in Macau, the world’s largest gambling hub, will continue to be limited to six concessionaires but their operating period will be halved to 10 years, the government says.
The announcement, which has been long awaited by casino executives, investors and analysts, puts an end to concerns that the government would change the status quo for the number of operators in the Chinese controlled territory.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!