Inside Asian Gaming

IAG JUL 2022年7月 亞博匯 102 FEATURES Gaming , a local scholar, interviewed on the condition of anonymity, observed that the increase is not friendly to overseas bidders because, due to COVID-19, the current business environment of theMacau gaming industry is not what it was. China’s clampdown on outbound gambling, stricter requirements under the new Gaming Law and the emergence of rival jurisdictions across Asia further hamper industry attractiveness. “The [minimum] registered capital is not harsh for the current six gaming operators,” the scholar said. “But this MOP$5 billion ‘admission fee’ will undoubtedly make overseas bidders mull over the necessity of investing in Macau in the current economic climate. “Although the Gaming Law has revised many regulations to make the industry healthier, it is not ‘friendly’ to overseas investors. The registered capital of MOP$5 billion is just one example.” In the second half of this year, the Macau SAR Government will launch the public tender for gaming licenses in accordance with the new Gaming Law, but details of the tender have not yet been published. The government should unveil the details of the public tender as soon as possible so that interested parties from all over the world can prepare their bids.