Macau’s leader Fernando Chui had news/bad that is good in his end-of-year address to the region (Image: MacauBusiness.com)
Would like a Macau casino license? Too bad and take it off your holiday wish list; the nation’s chief executive has made it very clear that no ones that are new be forthcoming anytime quickly.
Fernando Chui Macau’s chief executive told the 2014 Legislative Assembly in his annual presentation that nothing will be changing vis-a-vis the special administrative region’s certification for video gaming establishments; the current setup of three concessions and three sub-concessions will continue as is, the same way it has considering that the area first opened to foreign casino operators in 2003.
Read My Lips: No New Licenses
This despite the reality that not only is video gaming doing business that is booming the Asian enclave, infrastructure improvements and massive capitalization are making it possible for millions more mainland Chinese tourists to come over and lose their money. Where visa restrictions once limited the quantity of times A chinese national could come over, no restrictions on variety of visits exist anymore; or at the least, they truly are no longer enforced.
Similarly, although only two casino that is american were designed to be permitted to build on Macau’s Cotai Strip couple of years ago, in fact, three are now in the works: Wynn Resorts, Las Vegas Sands and MG