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dez23 The gaming concessionaires have been complying with the investment plans and social responsibility commitments stipulated in the contracts, the Gaming Inspection and Coordination Bureau (DICJ) said in a reply to a written question put forth by lawmaker Leong Sun Iok, public broadcaster TDM reported. The reply penned by DICJ director Adriano Marques Ho states that gaming companies have been carrying out social responsibility activities specified in the concession contracts in areas such as culture, sports, scientific research, and support for local SMEs. “It has been found that concessionaires are orderly carrying out and implementing various investment plans according to the approved arrangements,” the gaming watchdog stresses. In his written query, Leong Sun Iok noted that under the new gaming law, one of the criteria for concession relates to the social responsibilities to be assumed by the gaming operators, with the respective content clearly defined.  https://www.macaubus...

mar22 Macau casino operators have welcomed the government’s decision to  extend for about six months  their gaming licences, to December 31. The six operators confirmed to GGRAsia they were already preparing the required documentation to apply for such an extension. https://www.ggrasia.com/macau-ops-ready-to-apply-for-6-month-licence-extension/ fev22 But he conceded, "I think (the government's) direction is to lift impressions of gaming to build a healthier image." https://asia.nikkei.com/Business/Travel-Leisure/Macao-faces-no-resistance-as-it-tightens-leash-on-casino-industry dez21 Ambrose So Shu Fai, vice chairman and chief executive of Macau gaming operator SJM Holdings Ltd, says the company is “optimistic” in keeping its casino licence. That is according to Wednesday comments to local public broadcaster TDM. “Of course, we are optimistic about the renewal of the gaming licences coming up” next year, stated Mr So (pictured in a file photo). “SJM is a company roote...

ago22 Jorge Godinho, académico da Universidade de Macau, participa hoje num painel sobre o panorama do jogo em Macau na G2E Asia, que este ano se realiza em Singapura. Para o docente, a transformação do mercado, onde o jogo VIP deixa de ter o peso principal a favor do jogo de massas, não surpreende, pois o boom das apostas VIP foi uma surpresa https://hojemacau.com.mo/2022/08/25/casinos-transformacao-do-jogo-vip-para-massas-ja-se-previa-diz-jorge-godinho/ ago22 Macau’s next generation of casino concessionaires will in likelihood find it hard to meet the Macau government’s expectations on bringing in more foreign tourists, whatever plans licence bidders present to the authorities in time for the  September 14 tender submission deadline , several industry commentators remarked to GGRAsia. Nonetheless, under Macau’s updated regulatory framework for gaming, an incumbent Macau chief executive will have the discretion to  reduce tax payable on casino gross gaming revenue  ...