Macau concession contracts signed and investment plans revealed sees renewed optimism for the decade ahead

Macau concession contracts signed and investment plans revealed sees renewed optimism for the decade ahead

Article brief provided by Inside Asian Gaming
  • Andrew W Scott, Inside Asian Gaming
December 19, 2022 1:51 PM
  • Andrew W Scott, Inside Asian Gaming

It’s been a huge weekend for the Macau gaming industry.

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It all started on Friday afternoon at 4:15pm at Government House when the six concession contracts were signed.

Chief Executive Ho Iat Seng signed on behalf of the government. He was accompanied at the ceremony by Secretary for Administration and Justice Andre Cheong Weng Chon and Secretary for Economy and Finance Lei Wai Nong. The six concessionaires signed in the order in which they had placed in the tender bidding results: MGM, Galaxy, Sands, Melco, Wynn and SJM.