STATESIDE AFRICA G2E ASIA REVIEW IGAMING June 2017
FOR THE GAMING PROFESSIONAL WORLDWIDE
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Competition colours concession talk
M 18 JUNE 2017
ore than two years ago there were discussions about levying heavier gaming taxes on the city’s six gaming operators as a condition of renewal of their casino concessions. Fast
forward to 2017: some now talk about lowering taxes for the healthier development of the industry. With the expiry of the first licence due in about
three years, the authorities say they are still open to discussing any changes: some hope for a lower tax regime in the face of regional competition whilst
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With the gaming renewal process in Macau looming some demand a reduction in gaming taxes while others suggest otherwise. The government has yet to make a decision…
some argue it should remain as is or even increased to ensure the sound financial system of the territory. As the six concessions and sub-concessions will
expire between 2020 and 2022, talks regarding the development of the entire industry have gained momentum in recent times following the publication of a mid-term gaming review in May 2016 that many observers and analysts say failed to lay down a clear blueprint for the sector as expected. Angela Leong On Kei, Executive Director of gaming operator SJM Holdings Ltd., weighed in on recent discussions, saying there was “room for
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