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Macau,cotai strip

Good morning. Macau’s six casino concessionaires will need to rebid for the licenses that will allow them to continue to operate after June next year. Leading lawyer, Antonio Lobo Vilela, who has written a four-volume treatise on Macau gaming law, argues that it may be more in the public interest for the government to award the concessions directly to existing operators than hold a public tender.


What you need to know

  • Macau gross gambling revenue in the first week of November was up 12 percent over the prior week, but the casino spend doesn’t seem to be keeping pace with rising visitor numbers. 
  • Quarantine-free travel between Hong Kong and Mainland China could be allowed from as early as next month as part of a trial. 
  • Aristocrat Leisure has called on Playtech shareholders to back its US$3.65 billion bid for the company, saying there is no guarantee Gopher Investments will make a firm offer.
  • Genting Malaysia would likely see a $145 million boost to net profit per annum should it be granted a casino license for New York State, Maybank Research said.
  • Malaysia is reviewing its gambling laws to ensure they are effective against illegal online activity amidst evidence of a spike in cases during Covid.

On the radar


What the papers say

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AGB Intelligence


DEEP DIVE

Mak Mak, macau

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Macau’s six casino concessionaires will need to rebid for the licenses that will allow them to continue to operate after June next year. Leading lawyer, Antonio Lobo Vilela, who has written a four-volume treatise on Macau gaming law, argues that it may be more in the public interest for the government to award the concessions directly to existing operators than hold a public tender. It’s a process that needs to safeguard the economy and Macau’s public image to make sure it does not turn into a “Mak Mak” in the gaming industry. Mak Mak is the mascot that greets visitors to Macau.


Industry Updates


Supplier Special Report


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Jade Entertainment: Changing the game

True to its name, Jade Entertainment and Gaming Technologies Inc. – a rising gem in Asia – has gained the spotlight and is creating a significant mark in the dog-eat-dog world of online gaming. After receiving the milestone approval from PAGCOR, the Philippines’ gaming regulator, Jade wasted no time and successfully launched its online sports betting platform – Jade Sportsbet (JSB).

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Pinnacle: Raising the game with Esports Hub

Esports betting is no longer the niche that some make it out to be. For those who have invested effectively in their offerings, the commercials speak for themselves – with sportsbooks seeing the benefits of rapid acquisition from the relatively untapped esports community.

AGBriefings Magazine October

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