Macau government establishes casino license bidding committee

Macau's casino-rich government was reportedly tasked with setting up a special committee and overseeing a process that would likely offer new 10-year concessions to Macau's existing six powerful local licensee clubs.

According to a report by GGRAsia, the nine-member Public Bid for Casino Game Operations Lucky Committee will feature leaders from several government departments, including Economy and Finance Minister Lei Wai Nong and Regulator of the Game Inspection Coordination Bureau Adriano Marques Ho. The sources detailed that the organization, which houses Andre Chung Wong, the former minister of administration and justice for the Portuguese residence, will be responsible for analyzing and implementing all measures related to the upcoming casino operator's permission.

Prominent players:

Macau reportedly operates nearly 40 casinos operated by Galaxy Entertainment Group Limited, SJM Holdings Limited, MGM China Holdings Limited, Melco Resorts and Entertainment Limited, as well as Wynn Macau Limited and Sands China Limited, which are local subsidiaries of Wynn Resorts and Las Vegas Sands Corporation, respectively. The six-pair original 20-year license expired at the end of June but was later allowed to buy a special six-month extension, which is scheduled to end at the end of the year.

Respectable assemblies:

According to reports, the secretary general of Macau's administrative committee, Horai Fong, is also participating in a public tender for the operation of the Luck Commission casino game, as is the minister of society and culture, Elsi Aoyoung U. Macau's government tourism agency, Maria Helena de Senna Fernandez, director of the judicial police bureau, Sit Chong Meng, director of economic and technological development bureau, and Taikin Yip, director of land and urban construction bureau, are said to be members.

BY: 카지노사이트