Reports of Macau junket death exaggerated!
The Macau gaming industry has been on a rollercoaster ride that doesn’t seem to end. After the disastrous announcement by the Gaming Inspection and Coordination Bureau (DICJ) in September last year, which wiped a quarter off the market value of shares in the Macau operators, the government has been endeavouring to repaint the canvas in broad, bold strokes to brighten up the picture.
So much so that after the announcement of the new gaming law draft earlier this month the industry took a collective sigh
of relief. It was short lived.
In the focus section of the February edition of AGBriefings magazine, we bring you insights from the experts on the implications of the gaming law draft and its impact on the re-tendering of the gaming concessions – potentially, some time this year.