Maintaining orbit. That’s what Macau’s satellite casino operators have been doing in recent years, as they face upcoming changes which could make their operations unviable. But there are expectations for clarity next year, as the clock ticks down, even as Macau’s gaming industry booms. Meanwhile, in the stock world, the head of Las Vegas Sands has decided to sell off over $3 million in shares, despite the company not showing financial weakness.

Macau gaming operators are anticipating regulatory fine-tuning for satellite casinos in 2025. This expectation was shared with Bank of America, although the names of the operators were not disclosed.

The future of Macau’s satellite casinos remains uncertain, as the Macau government and gaming concessionaires have not yet begun discussions on the issue. There are...

Representatives from the Macau gaming industry have raised concerns regarding the possible shutdowns of satellite casinos, citing their potential impact on local employment.

SJM Holdings Limited has managed to improve operation results thanks to reduced costs in satellite casinos and upgrades in its main properties, analysts from CBRE Equity Research pointed out.

Satellite casinos in Macau face a longer road to recovery with excessive costs and labor related to five shuttered casinos, according to CBRE Securities in the latest investment memo regarding SJM Resorts.

Elevated labour expenses related to satellite casinos remain an "area of weakness" and a drag on results for gaming concessionaire SJM Resorts, a dispatch by CBRE warned

Macau's satellite casinos used to be touristic attractions in the city. The problem is that not so many gamblers are going to play there now.

Macau is further tightening its gaming legislation, now mandating that satellite casinos and junket operators are prohibited from offering lines of credit to punters. Under the new changes, only concessionaires themselves, or junkets who have signed credit provision agreements with concessionaires will be able to provide any form of credit to clientele.

All satellite casinos will be disqualified from issuing gaming credit according to the new bill on casino concessionaire- and junket-issued credit for gambling.