MACAU BUSINESS efired/Adobe Stock


The subconcessions saga One of the main controversies that


surfaced at the onset of the post-liberalisation era was the granting of a subconcession to Venetian. The public tender resulted in provisionally awarding the three concessions to three gaming operators: Wynn Resorts (Macau), Galaxy Casino and Sociedade de Jogos de Macau (SJM) in February 2002. However, one of the concessionaires was, in fact, a partnership between Galaxy and Las Vegas Sands-owned Venetian Macau. Sheldon Adelson’s company had a preliminary management company agreement with Galaxy, In June 2002, the Government signed the concession contact with Galaxy with the condition of Liu Chee Woo’s company finalizing the management agreement with Venetian within six months. However both sides were growing apart from each other and authorities were before a dilemma.


Macau Gaming Law: Annotated with Comments, (Volume I) by António Lobo Vilela


Volume I Illustration Water World by António Conceição Júnior


Volume II Illustration Happiness Street by Diogo Muñoz


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Volume IV Macau Daily Breakfast by Alexandre Marreiros


Volume III Illustration Seven Deadly Sins no. 6 ENVY by Konstantin Bessmertny


22 JANUARY 2021


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