BUSINESS

Low chance of new concessions in Macau, says regulator

TAGs: China, Macau, Manuel Joaquim das Neves

GoSlowMacauThe slow boat to China may have stopped sailing altogether. Manuel Joaquim das Neves, director of Macau’s Gaming Inspection and Coordination Bureau, says the possibility of the territory making available any new gambling concessions is ‘very low’. Will this put the kibosh on other Western casino groups’ hopes of staking out a claim in the world’s biggest and fastest-growing gambling market? Read more.

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