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Macau Gaming Licenses Still Frozen, But Citizens Get Money for Nothing



Macau’s leader Fernando Chui had news/bad that is good in his end-of-year target to the area (Image: MacauBusiness.com)

Want a Macau casino license? Too bad and go on it off your holiday wish list; the nation’s primary executive has made it clear that no brand new ones will be forthcoming anytime quickly.

Fernando Chui Macau’s leader told the 2014 Legislative Assembly in his annual presentation that nothing will be changing vis-a-vis the special administrative region’s certification for gaming establishments; the current setup of three concessions and three sub-concessions will continue as is, the in an identical way it has considering that the region first opened up to foreign casino operators in 2003.

Read My Lips: No New Licenses

This despite the reality that not only is video gaming doing booming business in the Asian enclave, infrastructure improvements and massive capitalization are permitting millions more mainland Chinese tourists to come over and lose their money. Where visa restrictions once limited the number of times A chinese nationwide could come over, no restrictions on numbers of visits exist anymore; or at the very least, they are not any longer enforced.

Likewise, although only two casino that is american were expected to be permitted to build on Macau’s Cotai Strip two years ago, in reality, three are now in the works: Wynn Resorts, Las Vegas Sands and MGM Resorts all have luxu 続きを読む