• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Macau Economy Secretary says little new on gaming expiries

Nov 26, 2021 Newsdesk Latest News, Macau, Top of the deck  


Macau Economy Secretary says little new on gaming expiries

Macau’s Secretary for Economy and Finance, Lei Wai Nong (pictured), gave on Friday during a question-and-answer session with the city’s legislators, little fresh information regarding how Macau is preparing for June next year, when the rights of the six current casino operators are due to expire.

His reticence also extended to the topic of the city’s proposed revision of its gaming law, previously described by the government as a necessary preparatory step in the process. Mr Lei was at the city’s Legislative Assembly, for discussion of the government’s Policy Address for the Fiscal Year 2022.

His boss, Macau’s Chief Executive Ho Iat Seng, had also given few hints on the government’s plans for the casino sector when setting out that annual policy blueprint earlier this month, despite there being little more than six months to go before the expiry takes effect.

During the Friday session with Secretary Lei, legislators Ella Lei Cheng I, and Lei Leong Wong, asked questions related to the welfare of local workers in the casino industry: how the government would guarantee employment opportunities, career advancement, and better benefits for local residents via the opportunity for a new public tender regarding the city’s gaming rights.

They also urged the government to explain in detail how it would gauge the development of non-gaming elements by the local operators.

Fellow legislator Zheng Anting asked on Friday if the government would introduce any new  regulatory and licensing policy for the city’s satellite casino operators, as a consultation document on the gaming law amendment has made no mention of them.

Secretary Lei did not give direct answers to the legislators’ questions. He stated: “We’re now processing the opinions collected [from a recent public consultation], and we hope we can compile them into a report and announce it to the public soon.”

He added: “Subsequently, we will have a legal document [of gaming law] ready and send it to the Executive Council, and later to the Legislative Assembly [for deliberation].”

Macau’s Secretary for Administration and Justice, Andre Cheong Weng Chon, had on Wednesday told legislators that the government would not be able to submit a draft document of the gaming law amendment to the Legislative Assembly by the end of this year, as there was not enough time in the legislative calendar.

The public consultation process for the gaming law, which began in mid-September, ended last month.


  • tweet
Related articles
  • Macau monthly GGR for June worst since Sept 2020
    Macau monthly GGR for June worst since...

    Jul 01, 2022  

  • Macau gaming ops contract rollover signed today: CE
    Macau gaming ops contract rollover...

    Jun 23, 2022  

More news
  • Sega Sammy to launch Genesis Crest 43J cabinet in Asia
    Sega Sammy to launch Genesis Crest 43J...

    Jul 01, 2022  

  • Kangwon 2021 average bet 61pct above foreigner casinos
    Kangwon 2021 average bet 61pct above...

    Jul 01, 2022  


Latest News

Sega Sammy to launch Genesis Crest 43J cabinet in Asia

Sega Sammy to launch Genesis Crest 43J cabinet in Asia

Jul 01, 2022  

Casino equipment supplier Sega Sammy Creation Inc said in a Friday release it was debuting its Genesis Crest 43J cabinet in Asia. The product will be available at an in-person trade show, G2E Asia:...
Read More
Macau monthly GGR for June worst since Sept 2020

Macau monthly GGR for June worst since Sept 2020

Jul 01, 2022  

Kangwon 2021 average bet 61pct above foreigner casinos

Kangwon 2021 average bet 61pct above foreigner casinos

Jul 01, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


638

Aggregate number of Covid-19 cases in the latest Macau outbreak, as of Thursday-end



Most Popular

  • 5-casino Thai market ok says National Assembly committee5-casino Thai market ok says National Assembly committee June 30, 2022
  • Macau tells casinos cut on-duty staff by 90pct: reportsMacau tells casinos cut on-duty staff by 90pct: reports July 1, 2022
  • Universal hopes Okada Manila biz listed before Sept 30Universal hopes Okada Manila biz listed before Sept 30 June 30, 2022
  • Macau drops 48hr nucleic acid test for casino staff, guestsMacau drops 48hr nucleic acid test for casino staff, guests June 30, 2022
  • GKL says no biz lift soon from S.Korea-Japan travel easingGKL says no biz lift soon from S.Korea-Japan travel easing July 1, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us