Satellite casinos in limbo as legislators study gaming law

Macau’s satellite casinos were the biggest losers in the government’s gaming law amendments, which are currently under review in legislative committees. The wording of the amendments state the properties must be owned by the concessionaire.

In this week’s Face-to-Face interview, Success Universe Group Deputy Chairman Hoffman Ma discusses the impact this has had on the company’s Ponte 16 property.

He explains expansion plans are currently on hold while the group waits for clarity. He also discusses the likely trajectory for recovery in Macau and how the group has been pivoting to target mass market players.