The Macau SAR Government announced the list of a new round of gambling cards on Saturday (November 26) to extend the franchise period of six casino operators for 10 years.The company is not among the list.
According to a statement issued by the Macau Government News Agency on Saturday, the six operators of the six are included in MGM Golden Hall Chaohe Co., Ltd., Galaxy Casino Co., Ltd., Venetian Macau Co., Ltd.Yan Crown (Macau) Co., Ltd. (Macau) Co., Ltd., Wynn Resort (Macau) Co., Ltd., Australian Entertainment Comprehensive Resort Co., Ltd.
According to the Hong Kong South China Morning Post, the six operators will receive a franchise in Macau from January 1, 2023 to December 31, 2033.
Starting from July 29 this year, the Macau Special Administrative Region Government launched a new round of public investment procedures approved by the gaming operation.As of September 14th, a total of seven gaming companies participated in the bidding. Among them, GMM shares, which represented Malaysia Genting Group, also unexpectedly joined the bidding ranks.
The Macau government statement stated that the Bidding Commission conducted a bid opening procedure on September 16, and seven companies were accepted to participate in subsequent procedures.In accordance with the provisions of the law and bidding plan, the Bidding Commission conducted consultations with participating in the bidding company. After analyzing the contents of each company and the content of the follow -up book, the Macau Chief Executive submitted a relevant report to the Macau Chief Executive.
Statement stated that the approved six operators have met the requirements of the SAR Government in ensuring that Macau employee employment, development of foreign customer sources markets, and development of non -gaming projects.
Zhang Yongchun, the director of the Macau Administrative and Legal Department and the chairman of the competition committee, said at a television press conference that these licenses were distributed according to the social responsibility stated on the bidding documents."We also consider the experience of the bidding company in the local gaming industry and non -gaming industry. Whether they have successful experience or records, etc."
The Macau government statement stated that the Bidding Commission will follow the lawThe provisions are negotiated with the six companies that have been temporarily sentenced to the contract, and will complete the determination of gambling operations by the end of this year and the signing of the contract for the contract.From January 1, you can operate in accordance with the revised gaming legal system and new approval.
Since Macau's opening of gambling in 2001, it has been the world's first city in the world for many years.However, in recent years, the global crown disease epidemic, coupled with the economic failure of mainland China, has continued to decline in Macau gaming revenue.The six local gambling cards will expire at the end of this year. The official decided to make up to six gambling cards earlier, with a time limit of up to 10 years.