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Macau

Government signals 6-month extension of Macau gaming licenses

Macau's government has signaled it intends to extend the territory's current casino gaming licenses by six months, from June 26, 2022 to December 31, 2022, as satellite casinos plan closures.

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Macau's government has indicated it intends to extend the current gaming licenses by six months, moving the expiry from 2022-06-26 to 2022-12-31, according to a report in the Chinese-language newspaper 新華澳報1. The indication came as the Legislative Assembly discussed a draft revision of the gaming law and as multiple satellite casinos moved to close1.

The report said seven satellite casinos in NAPE and Taipa plan to shut down around the middle of 20221.

VenueOperatorLicense
Casino Golden DragonJinlong groupSJM
Casino Royal DragonJinlong groupSJM
Casino Million DragonJinlong groupSJM
Casino Grand DragonJinlong groupMelco
Casino WaldoGalaxyGalaxy
Casino RioGalaxyGalaxy
Casino PresidentGalaxyGalaxy

The other three are Galaxy-licensed venues: Casino Waldo, Casino Rio and Casino President1. The report attributed the list to Chinese media outlet Allin Media and said more satellite casinos could follow in the months ahead1.

The revised gaming law under discussion requires future casinos to be located in premises owned by the gaming operator, with a three-year transition period that lets operators establish new cooperation arrangements with satellite casinos1. That means operators may need to acquire some or all of the 18 satellite casinos if those venues want to keep operating1. If the concessionaire a satellite casino currently depends on wins a new license in the upcoming tender, the three-year transition period counts from the first day the new license takes effect1. The reported six-month extension would push that start to early 20231.

The report said the current six operators appear unlikely to acquire many satellite casinos, because satellite venues lack the scale of the operators' own integrated resorts1.

"政府近期曾透露有意將當前的賭牌期限從2022年6月26日延期6個月至2022年12月31日"

What it means for players

The reported extension keeps Macau's existing six operators running under their current licenses past the original June 2022 expiry, so the casinos themselves are not scheduled to lose their right to operate on that date1. The closures described affect satellite casinos, which are smaller venues operating under another company's license rather than holding one of their own1. For anyone planning to visit a specific satellite casino in NAPE or Taipa, the report indicates several are expected to shut around mid-2022, though the venues named have not been confirmed as closed1. The revised law's requirement that casinos sit in operator-owned premises, and the three-year transition period attached to it, shape which satellite venues can keep running and under what arrangements1. Details such as the exact closing dates of the seven venues, and whether the license extension has been formally approved, have not been reported1.

What happens next

The reported extension would run the current licenses to 2022-12-31, with the three-year transition period for satellite casinos potentially starting in early 2023 if the relevant concessionaire wins a new license1. The report said additional satellite casinos could announce closures in the coming months1.

Sources1 sources
  1. 多間衛星場擬結業 包括金龍集團四間, 新華澳報, waou.com.mo