Printer Friendly

Printed from

Country Report Macau

In early March reports in the local media indicated that the secretary for economy and finance, Francis Tam Pak Yuen, had stated that there would be no increase in the number of gambling licences available in the territory when the current licences expire in 2020-22.

The development of the casino sector, the mainstay of the Macau economy, has been fostered by the 20-year licences awarded to six gaming operators, affording each of the licensees a lengthy period of time in which to make a return on their sizeable investments in the territory. However, the government has repeatedly refused to clarify what will happen when the six licences come up for renewal in 2020-22.

Mr Tam's comments indicate, as expected, that no further licences will be introduced, and so the industry will continue to comprise six licensees. However, he also added that the government had not yet decided the term of future licences, despite recent media speculation that the renewals would be for only five years. The prospect of shorter licence terms has raised questions over whether operators would be happy to continue investing large sums in the territory, but officials may feel that the territory will not require further large-scale investments to expand capacity after 2020. The government's current policy of keeping the increase in the number of gambling tables to 3% a year for ten years also has an impact on casino operators' return on investment, by preventing rapid expansion.
Country Report Macau

No more gambling licences
Impact on the forecast
Order Online - visit

Order by Fax - using the order form below

Order By Post - print the order form below and send to

Research and Markets,
Guinness Centre,
Taylors Lane,
Dublin 8,

Page 1 of 2
Printed Apr 23th 2014
11:34:56 PM

Fax order form

To place a fax order simply print this form, fill in and fax the completed form to the number below. If you have any questions please email

Order information

Please verify that the product information is correct and select the format you require.

Product name

Country Report Macau

Web Address

Office Code



Report Formats

Please enter the quantity of the report format you require.

Format Quantity Price
Electronic (PDF) - Single User EUR 224

Contact information

Please enter all the information below in block capitals.

Mr Mrs Dr Miss Ms Prof
First Name:
Last Name:
Email Address:
Job Title:
Postal / Zip Code:
Phone Number:
Fax Number:

Please fax this form to:
(646) 607-1907 or (646) 964-6609 (from USA)
+353-1-481-1716 or +353-1-653-1571 (from Rest of World)

Page 2 of 2
Printed Apr 23th 2014
11:34:56 PM

Payment information

Please indicate the payment method you would like to use by selecting the appropriate box.

Pay by Credit Card:

American Express

Diners Club

Master Card


Cardholder's Name:
Cardholder's Signature:
Expiry Date:
Card Number:
CVV Security Code:
Issue date:
/ (Diners Club only)
Pay by Check:

Please post the check, accompanied by this form, to:

Research and Markets,
Guinness Centre,
Taylors Lane,
Dublin 8,

Pay by Wire Transfer:

Please transfer funds to:

Account Number:
Sort Code:
Swift Code:
IBAN Number:
Bank Address:
Ulster Bank,
27-35 Main Street
Co. Dublin

If you have a Marketing Code please enter it below:

Marketing Code:

Please note that by ordering from Research and Markets you are agreeing to our Terms and Conditions at

Please fax this form to:
(646) 607-1907 or (646) 964-6609 (from USA)
+353-1-481-1716 or +353-1-653-1571 (from Rest of World)