Macau to limit new casino licences to 10 years

Macau’s Executive Council, stating that gaming must not undermine China’s ‘national security’, limits new casino licences to its six concessionaires to 10 years. – EPA pic, January 14, 2022.

MACAU today unveiled plans to slash the duration of new gaming licences to just 10 years, half the length awarded the last time concessions were granted, as authorities tighten regulation of the world’s biggest casino hub.

The Chinese territory’s multibillion-dollar gaming industry has been on tenterhooks ever since officials announced plans to overhaul the sector last September.

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