![]() ![]() To appeal to authorities, operators have tried to bolster their corporate responsibility and diversify into non-gaming offerings. The government said it has the right to terminate a casino's contract for reasons including public interest or breaching their obligations.Ĭasino operators will have to draw up a plan to promote responsible gambling, while there will be a maximum number of gaming tables and machines each license holder will be allowed to operate, according to the bill. While a proposal for a government official to directly supervise the casinos was dropped after feedback from the operators, casinos will be subject to a review every three years when the city's gaming regulator will examine their "contractual compliance in general".Įach license holder will have a 30% cap on the amount of shares that can be publicly listed while any major financial transactions must be communicated to authorities. It is clear, however, that authorities want far greater control over the casino operators. Beijing, increasingly wary of Macau's acute reliance on gambling, has not indicated how the licence rebidding process will be conducted. ![]()
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