2025.12.15
free slots 3 reelBack in November, Lionel Leong Vai Tac, the Macau Secretary for Economy and Finance, told GGRAsia that the government would only announce their new rules at “the appropriate time.Last week, SJM CEO Ambrose So Shu Fai said that he – and probably everyone else with a stake in Macais foxwoods losing moneyu – would like to know what officials expect from operators going forward.” Part of the reason for that discretion was fear of tipping their hand too early, potentially giving information that could be used by other regional jurisdictions in Asia to better compete against Macau going forward.download borgata casinoA key question is whetheis foxwoods losing moneyr the market could support another major player.So far, all indications are that Macau won’t announce their plans for the application process for as long as possible.(Image: MacauBusiness.casino near me roulette encore casino everett mabhallmark casino freeSpeaking with GGRAsia he said: “I think everybody will get an extension, at least that is what the perception of the market is,” So said.When the National Diet lifted its casino ban in 2016, the legislature said that the forthcoming regulatory bill must require that operators “have high morals, a sense of responsibility, and a clean nature.As the date for the renewal of gaming concessions in Macau grows nearer, at least one of the leaders of a major player in the city’s casino sector is itching for more information on what the territory will expect from companies who want to continue operating casinos.casino golden palace quievrainStill, he expressed optimism that those operators already in the city would be allowed to stay, with his company being particularly well positioned.“This is everybody’s wish: that the government would put forward certain criteria in terms of renewal of the contracts,” So told GGRAsia during a Chinese New Year gala hosted by his company.In addition, regulators in the territory were considering whether the allegations against Steve Wynn could impact Wynn Resorts’ suitability to hold a license there, though those questions have subsided following Wynn’s resignation from the company.sunset station casino gym little river casino locationraging bull casino affiliatesSo pointed out that counting on only a five-year extension would be impractical for SJM or its competitors, meaning that the tender process for new concessions was critical.(Image: MacauBusiness.Operators Require New ConcessionsTechnically, there is no renewal available for casinos in the territory.A few issues have already been raised by officials, however, and seem likely to be a part of the new licensing regime.One of the firms that will see its concession up in 2020 is SJM Holdings.Like Walt Disney World, the company will now use “Room Occupied” signs rather than the traditional “Do Not Distfree casino slot games no sign in fanduel casino legal states |