Only six operating licenses are granted for the multi-billion dollar sector, which was larger than Las Vegas before the pandemic struck, in the former Portuguese colony, which is the only location in China wherein casinos are legal.
The six incumbents all secured license extensions, the authorities announced last month, defeating an unexpected bid from a startup firm connected to Malaysian gaming and resorts juggernaut Genting.
The six incumbents all secured license extensions, the authorities announced last month, defeating an unexpected bid from a startup firm connected to Malaysian gaming and resorts juggernaut Genting.