Where Are Asia’s Casinos Headed in 2018?
by Muhammad Cohen
The gaming concession for SJM Holdings and its subconcession sold to MGM and Pansy Ho expires in March 2020, two years ahead of Macau’s other two casino licenses and their subconcessions. I predict Macau will extend the SJM concession to align it with the others. That will shift the question of what to do about the expiration of gaming concessions to Macau’s next chief executive, intensifying interest in next year’s contest to succeed Fernando Chui Sai-on. Sure, Bejing has a lot to say about what happens in Macau, but gaming concession details are one area where Macau leadership can assert itself.
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