Group sent memo to staff noting ‘careful consideration’ and ‘grievous’ nature of the move.
Gaming Inspection and Coordination Bureau
Lawmaker Andrew Chan Chak Mo says only one more meeting required before first review of new bill is completed.
Gaming industry amendment bill likely to bring radical changes to city’s 42 casinos and their nearly 18,000 revenue-generating tables and slots.
Increase over January lifts GGR to MOP 7.7 billion, marginally up on February 2021.
Table games, slots and other games of chance generated MOP 34.7 billion in 2021, compared to VIP baccarat’s MOP 28.4 billion.
Junket operations curtailed, government officials will inspect every three years, and threat to national security can lead to licence being cancelled.
Respondents favour six concessions, reducing the licence to less than 20 years, and appointing government representatives.
Troubled chairman, currently remanded in custody, quits as casinos sever ties with group; trading in shares resumes this morning.
This year’s GGR likely to reach only MOP 91 billion, about MOP 40 billion short of government target.