Macau Posted the Rules for Re-tendering Casino Licenses
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Macau's government has just unveiled the rules for the re-tendering of the region's gambling licenses.
Macau government published the rules for the re-tendering of the special administrative region's gambling licenses today. The authorities want to license companies that are able to attract foreign customers. They also want companies with a traceable experience in running gambling operations and operating games of chance.
The government will carefully evaluate casino management plans of concessionaires before they are licensed. The government is looking for companies that can successfully indentify prevent organized crime and money laundering. Macau will ask companies to be socially responsible, care for their employees and prevent gambling harm among their customers.
Macau is struggling with the effects of the COVID-19 pandemic and China's zero-COVID policy. The government wants to license companies that can bring in foreign visitors and revitalize the economy. Macau recently cracked down on shady junkets such as Suncity Group, which was found guilty of fraud and crime.
