Good morning. Hong Kong drops all travel restrictions as part of a larger national policy change ahead of Chinese New Year celebrations. Macau drags on as the Chief Executive leaves for Bejing to offer his report. Ho Iat Seng is expected back in time for the press conference following the signing of the new gaming concession contracts on Friday.
What you need to know
- The Macau government plans to sign the new gaming concessions contracts with the six incumbent operators on Friday, 16th of December, and host a press conference on Saturday.
- Hong Kong drops all restrictions on arrivals, makes way for Macau connection as part of a larger shift in policy at the national level ahead of the upcoming Chinese New Year celebrations.
- ASIC has launched legal proceedings against 11 current and former directors and officers of The Star for alleged breaches of their duties under section 180 of the Corporations Act.
On the radar
- CEO David Tsai to implement remediation action plan at Crown Perth.
AGB Intelligence
MACAU
Macau new gaming concession contracts to be signed on Friday
The Macau government plans to sign the contracts for the six new gaming concessions with the six incumbent operators on Friday, 16th of December. A press conference is scheduled for Saturday, where more details of the contracts are expected to be announced. Macau Chief Executive Ho Iat Seng is leaving for Beijing to report on the city’s development to the Party’s leaders and is expected back in time to preside over the press conference. Representatives of the six incumbents are also expected to attend the proceedings.
Industry Updates
- Regulatory intelligence provider VIXIO acquired by Perwyn.
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