Retendering21-22

 Mar26 https://www.plataformamedia.com/2026/03/17/estudo-reformas-legais-em-macau-transformaram-setor-do-jogo/

 mar26 Macau’s gaming regulator has opened 22 administrative infraction cases against casino operators since the city’s revised  gaming law  came into force in 2022. The figures are   according to a written reply from the Gaming Inspection and Coordination Bureau ( DICJ ) to legislator José Maria Pereira Coutinho. In response to the legislative inquiry, the regulator said the cases were launched to investigate suspected violations by concessionaires under the updated legal framework governing casino gaming operations. Of the 22 cases, five resulted in penalties, 10 were closed due to insufficient evidence, and seven remain under investigation, the bureau stated. However, the DICJ did not disclose the types of violations involved or the total amount of fines imposed. The figures were disclosed after Legislator Coutinho asked the government to clarify how the administrative penalty system introduced under the revised gaming law has been implemented and whether enforcem...

 mar26 Macau’s gaming regulator said it will fine-tune the scope of non-gaming investments by casino operators this year, aiming to better align such projects with the city’s economic diversification goals. In a written response to legislator Si Ka Lon, the Gaming Inspection and Coordination Bureau ( DICJ ) said the Macau SAR government plans to guide gaming concessionaires to concentrate resources on initiatives that generate economic and social benefits while enhancing Macau’s international image. ‘After reviewing past non-gaming investment performance, the government will strengthen guidance for concessionaires to focus resources on projects with economic and social value and those that help enhance Macau’s brand image,’ the regulator said. As a result, ‘the scope of non-gaming investment will be fine-tuned.’ However, the bureau emphasized that the approval standards for non-gaming projects will remain unchanged, noting that investments must continue to support Macau’s developme...

 mar26 Economist Andrew Russel challenges the oversimplified economic view of casinos as “polluting factories”, highlighting their utilitarian and transactional functions to redefine the economic framework they should live in. Speaking at the  Regulating the Game 2026 conference in Sydney , Russell argued that replacing the “casinos as polluting factories” analogy with a framework rooted in New Institutional Economics (NIE) is the only way to modernize a regulatory landscape that currently serves government interests far more than the public or the industry. The traditional factory model rests on the idea of mass production and economies of scale. Factories exist to lower production costs. If casinos were truly “gambling factories”, Russell points out, several daily operational realities would make no sense. https://agbrief.com/news/world/10/03/2026/casino-regulatory-policy-is-systematically-wrong-redefining-casinos-economic-purpose/?utm_source=Asia%20Gaming%20Brief&utm_ca...

 mar26 Daisy Ho buys US$3mln worth of casino group SJM’s US$540mln senior unsecured notes https://www.ggrasia.com/daisy-ho-buys-us3mln-worth-of-casino-group-sjms-us540mln-senior-unsecured-notes?utm_source=rss&utm_medium=rss&utm_campaign=daisy-ho-buys-us3mln-worth-of-casino-group-sjms-us540mln-senior-unsecured-notes mar26 SJM’s liquidity ‘adequate’ despite ‘weak’ 2025 results: Lucror https://www.ggrasia.com/sjms-liquidity-adequate-despite-weak-2025-results-lucror?utm_source=rss&utm_medium=rss&utm_campaign=sjms-liquidity-adequate-despite-weak-2025-results-lucror mar26 The risk of Macau concessionaire SJM Holdings not resuming dividend payments by 2027 has grown given the company’s need to focus its energies on deleveraging, according to investment group CLSA. In a Tuesday note, CLSA’s Jeffrey Kiang said SJM still had “some way to go” on the road to deleveraging, which should command a higher priority in capital allocation in 2026 and 2027. As such, “the risks of SJM n...

  No último ano, as receitas brutas do jogo de Macau foram mais de três vezes superiores às receitas dos casinos da ‘strip’ de Las Vegas. Os 8,8 mil milhões de dólares americanos arrecadados pela capital do jogo norte-americana, em 2025, equivaleram a 29% das receitas dos casinos da RAEM, segundo dados oficiais analisados pelo Jornal TRIBUNA DE MACAU. Apesar de ter registado receitas de jogo semelhantes às de 2024, sector do turismo de Las Vegas atingiu os valores mais baixos dos últimos quatro anos, em termos de visitantes, contrastando com o ano recorde de Macau PEDRO MILHEIRÃO Em 2025, os casinos da ‘strip’ de Las Vegas arrecadaram receitas brutas de 8,8 mil milhões de dólares americanos (71,3 mil milhões de patacas), valor similar ao registado no ano anterior, segundo dados da Comissão de Controlo do Jogo do Estado do Nevada compilados pelo Jornal TRIBUNA DE MACAU. Este montante correspondeu a 28,8% das receitas do jogo da RAEM, no último ano, cifradas em 247,4 mil milhões de p...