The head of SJM Holdings Ltd, Ambrose So Shu Fai, doesn’t want the current quota increased.
Suncity Group hoped to secure a gaming license in Macau if they decided to issue additional licenses in 2022.
Macau is already working on adding new concessionaires to take advantage of its growing tourism market.
By postponing the expirations of MGM China and SJM Holdings to 2022, the Macau government will have time to prepare for a public tender renewal process.
In a bid to placate public advocates, Macau's government publishes contract details between casino concessionaires and sub-concessionaires.