• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Monday 25 August 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Reprieve for existing Macau satellite casinos, allowed to continue beyond three-year grace period but without rev share

Andrew W Scott by Andrew W Scott
Fri 13 May 2022 at 17:51
Reprieve for existing Macau satellite casinos, allowed to continue beyond three-year grace period but without rev share

The Second Standing Committee of the Macau Legislative Assembly (AL), along with Macau government representatives, meeting at the AL this afternoon.

135
SHARES
3.4k
VIEWS
Print Friendly, PDF & Email

In comments to the media this afternoon, President of the Second Standing Committee of the Macau Legislative Assembly (AL), Andrew Chan Chak Mo, revealed the bill currently before the AL to amend the Macau gaming law has been changed – now allowing existing satellite casinos to continue to operate in premises not owned by a Macau casino gaming concessionaire, even beyond the already-agreed three-year grace period.

However, once the grace period lapses, satellite operators will no longer be allowed to participate in revenue share arrangements with concessionaires. There is still some confusion over whether revenue share arrangements will be permitted during the three-year grace period. While a strict interpretation of the latest publicly available version of the bill would suggest otherwise, this afternoon in response to a question from IAG, Chan said, “that is a matter to be determined by the terms of the contract between the concessionaire and the management company [satellite operator]”. It may well be that the new version of the bill differs from the most-current publicly available version of the bill, and allows revenue sharing between concessionaires and satellite operators during the three-year grace period.

Chan was speaking after a meeting this afternoon between the the Second Standing Committee of the Macau Legislative Assembly (AL) and various representatives of the Macau government, including the Secretary for Economy and Finance Lei Wai Nong and the Director of the Macau Gaming Inspection and Coordination Bureau, Adriano Ho.

The new bill, which was discussed by the Second Standing Committee of the Macau Legislative Assembly today, is not yet publicly available. IAG believes the bill should be available by 10 June at the latest as this date was mentioned by Chan at today’s press briefing as his target date for completion of all Second Standing Committee discussion on the bill before it is sent to the full Legislative Assembly for debate.

One of the more controversial aspects of the new Macau Gaming Law currently under consideration by the AL, article 5.3 of the bill had stated, “A concessionaire must operate games of chance in casinos in a location where it holds ownership of the real estate … ” This new provision had been widely interpreted as a satellite-killer, although the three-year grace period was also written into the bill as a transitional arrangement for existing satellites — assuming their partner concessionaire is awarded a new concession in the upcoming tender process, widely expected to take place in Q3 this year.

RelatedPosts

Macau seeking new provision to criminalize money exchange gangs

Macau’s Legislative Assembly ready to criminalize illegal money exchange activities

Fri 11 Oct 2024 at 00:44
New gaming credit law gives Macau Chief Executive power to terminate eligibility of concessionaires to issue credit

Macau government opts not to include “money exchange gang members” activity as a crime under new Illegal Gaming Law

Thu 13 Jun 2024 at 18:32
Those accused of minor crime could be exempt if they provide evidence against others under Macau’s new illegal gambling law

Those accused of minor crime could be exempt if they provide evidence against others under Macau’s new illegal gambling law

Mon 15 Apr 2024 at 05:25
Macau legislators concerned over whether altering casino chips kept as souvenirs violates new illegal gaming law

Macau legislators concerned over whether altering casino chips kept as souvenirs violates new illegal gaming law

Tue 9 Apr 2024 at 18:15
Load More
Tags: Chan Chak MoMacau gaming lawSatellite
Share54Share9
Andrew W Scott

Andrew W Scott

Born in Australia, Andrew is a gaming industry expert and media publisher, commentator and journalist who moved to Hong Kong in 2005 and then Macau in 2009, when he founded O MEDIA, one of Macau’s largest media companies, former and parent company of Inside Asian Gaming (IAG). Both O MEDIA and IAG were merged with US-based gaming media brand CDC Gaming on 1 January 2025, under new corporate parent Complete Media Group (CMG).

Andrew was appointed CEO of Complete Media Group upon the merger. CMG is now the parent of three gaming media brands: Inside Asian Gaming (focusing on land-based gaming in the Asia-Pacific region), CDC Gaming (focusing on land-based gaming in the Americas), and Complete iGaming (focusing on online gaming in the Americas and APAC).

Andrew continues to be Vice Chairman and CEO of IAG and now-sister company O MEDIA.

Current Issue

Editorial – Better late than never

Editorial – Better late than never

by Ben Blaschke
Thu 31 Jul 2025 at 07:13

Inside Asian Gaming has in recent weeks been hearing increasing chatter around a possible move by Vietnamese authorities to introduce...

Angel’s Yasushi Shigeta

Angel’s Yasushi Shigeta

by Ben Blaschke
Thu 31 Jul 2025 at 07:08

Yasushi Shigeta, Chairman and owner of one of the world’s largest gaming industry suppliers, Angel Group, sits down with Inside...

The Magic Number

The Magic Number

by David Bonnet
Thu 31 Jul 2025 at 06:41

In this in-depth deep dive into the evolution of the Asian gaming landscape, David Bonnet argues that many regional jurisdictions...

Rashid Suliman – A road well traveled

Rashid Suliman – A road well traveled

by Ben Blaschke
Thu 31 Jul 2025 at 02:45

Rashid Suliman, Vice President of Global Gaming Asia-Pacific for casino solutions provider TransAct Technologies, provides some insight into his unique...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
HKUST
NWR

Related Posts

Slots 2.0

JP Morgan says Macau GGR now at highest non-Golden Week levels since pandemic

by Ben Blaschke
Mon 25 Aug 2025 at 17:04

Investment bank JP Morgan has estimated Macau’s gross gaming revenues in the seven days from 18 to 24 August at MOP$793 million per day, representing a 9% increase over the prior week and making it the city’s highest non-Golden Week...

Macau GGR down 12.7% month-on-month to MOP$17.3 billion in September, lowest of the year

Macau government collects US$1 billion in gaming tax revenue in July

by Ben Blaschke
Mon 25 Aug 2025 at 13:34

According to data released by Macau’s Financial Services Bureau, the Macau government’s revenue from gaming taxes in July was approximately MOP$8.11 billion (US$1.01 billion), largely in line with the MOP$8.16 billion collected in June. The July tax figure correlates to...

Pacific puzzle

Team King completes acquisition of Saipan casino assets but IPI ownership links linger

by Newsdesk
Mon 25 Aug 2025 at 05:33

Team King Investment (CNMI) LLC, a recently incorporated company which in February won a bid to acquire the casino assets of Imperial Pacific International, has officially closed the deal and taken ownership. According to local media outlet Marianas Variety, the...

More reasons to visit Clark

Hann postpones US$207 million IPO due to poor market conditions

by Ben Blaschke
Sun 24 Aug 2025 at 11:19

The holding company of Clark’s Hann Casino Resort has postponed an initial public offering that had been planned to take place in September, according to a report by Bloomberg. The delay is due to global uncertainties that have heavily impacted...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE
  • 中文

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English