Macau Proposes Illegal Gambling Law Revision to Extend Prison Sentences and Pecuniary Fines

Macau SAR Legislative Assembly is considering a revision of the legislation related to illegal gambling activities in the city. The proposal reportedly includes a range of higher pecuniary penalties for offende...

Macau Government Terminates the Macau Jockey Club’s Concession on 1 April 2024

After an extended period of betting operation decline, the 24-year concession granted by the Macau government to Macau Jockey Club (MJC) in 2018 will now be terminated. As reported, the Government will terminat...

Macau Government Collected $6.4 Billion In Gaming Tax Revenues in Ten Months of 2023

Financial Services Bureau of the city of Macau released on 16 November 2023 the data on the financial impact of the Macau gaming industry on the governmental operations. According to the Bureau, the Macau gover...

Success Universe Group To Renovate Floating Casino Macau Palace In Its Future Expansion

Success Universe Group, the investor and operator of Macau's Ponte 16 casino, revealed on June 9th that it's currently in the midst of discussions with the government about its future expansion plans, which wil...

Bill Proposal to Limit Macau Gaming Credit Facilities Through Penalty Scheme

The Macau SAR Government proposed a bill that would make concessionaires the sole entities authorized to issue gaming credits. As Inside Asian Gaming reports, the bill would prohibit casino management companies...

Macau concessionaries report year-to-year casinos fee as 10-year gaming concessions start

On January 2nd, 2023, six Macau concessionaires reported that they would individually pay the Macau government a base sum of MOP750 dollars per square meter of gaming space for the first 3 years of their latest...

Six Macau Casino Operators Sign 10-year gaming contracts with Macau Government

Today, six incumbent casino operators in Macau signed a productive 10-year gaming contracts with the Macau government and received gaming licenses to operate in the world's largest gambling city. Signing by ...