(Hong Kong Comprehensive News) There are seven gaming operators in competition for the Macau casino license. It is expected that the total investment in the next 10 years will reach about 100 billion yuan (below, about S $ 17 billion).
Reuters and Hong Kong Monday 01 (November 14) quoted the Australian Guangshi Portuguese Channel reports that the Macau government and the company's bidding company for the next 10 years of the bombs' right to operate are close to reaching an agreement, and the total investment during the franchise periodAbout 100 billion yuan.
Seven competitors are competing for six places, including Sands China, Wynn Macau, Galaxy Entertainment, MGM China, Macao International and Macau Gaming Holdings, and the new Malaysian Genting Group.
Analysis: Malaysia Genting Group may make an existing operator lose the license
It is reported that both Galaxy Entertainment and Jinsha China may invest more than 20 billion yuan, while other companies' investment will be less than 20 billion yuan, and the total amount will be around 100 billion yuan.
Analysis said that the Genting Group of Malaysia constituted a potential threat, which may cause a new license in Macau's existing operators, which has caused the biggest shuffle in the gaming industry for more than 20 years.
At present, Six Macau Casino has been operating in Macau since 2002, and their licenses will expire at the end of this year.
Analysts said that the "dynamic clearing" policy in mainland China has impacted the revenue of the Macau casinos in the past two years. Although it has relaxed the travel restrictions on tourists in mainland China, it is unlikely that the revenue of the gaming industry is unlikely to recover in the short term.Essence
