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Tag-Archiv: Rui Pinto Proença

The ultimate concession: The future shape of the Macau gaming market

Discussions about the future of Macau have been put on ice due to the intervention of the Covid-19 pandemic, but they have also crystalised around the argument for change. The impact of the coronavirus has put into stark relief Macau’s reliance on a single economic resource and the fragility of its infrastructure as a result….

Macau Gaming Concessions: Ein Argument für Lizenzverlängerungen

We are approximately 20 months out from the expiration of the existing concession (and sub-concession) contracts between the Macau government and the current casino operators. These are SJM, MGM, Melco, Wynn, Galaxy and Sands. Twenty months may seem like plenty of time to address what is, in its essence, a licensing issue. However, as recent…

Kambodscha: Gesetz zur Verwaltung von IR- und kommerziellen Glücksspielen

On July 3, the Council of Ministers of the Royal Government of Cambodia passed long-awaited legislation governing its gaming industry. The draft bill – Law on the Management of Integrated Resorts and Commercial Gambling (LMCG) – is now pending for approval by the National Assembly and the Senate. In the making for almost nine years,…