Tag Archives: Lionel Leong Vai Tac
- Macau mulls amending terms for casino concession renewal process
July 11, 2017
A possible “refreshment” of gaming rights is on the horizon for Macau’s current concessionaires and sub-concessionaires. Lionel Leong Vai Tac, Macau’s Secretary for Economy and Finance, told reporters that the government plans to “analyze various options—including the possibility of amendment to terms and conditions—regarding any refreshment of gaming rights” for...
- Macau casino operators could set up shop in Coloane says government official
November 30, 2016
The casino business in Macau could extend to the island of Coloane according to a report in GGRAsia claiming a government official said public opinion would be taken into account if one of the big six casino operators applied for a casino license. Casinos could start popping up throughout Coloane...
- Macau gov’t brushes aside Crown’s mainland woes
October 21, 2016
Macau government remains unfazed by a series of crackdowns that Chinese authorities launched against junket operators in mainland China, saying the incident in Crown Casino Resorts will not have any impact on its casino industry. Macau’s Secretary for Economy and Finance Lionel Leong Vai Tac made this assurance on Thursday...
- Macau secretary sees half-glass full in slumping casino GGR data
June 9, 2016
Macau’s casino gross gaming revenue has already made a meteoric plunge in the first five months of 2016 but this is not enough to make Macau’s Secretary for Economy and Finance Lionel Leong Vai Tac to tremble in fear. The reason for Leong’s optimistic outlook is simple – the data...
- Lionel Leong backs Macau govt GGR forecast for 2016
February 23, 2016
Macau Secretary for Economy and Finance Lionel Leong Vai Tac is backing the government's forecast for casino gross gaming revenue (GGR) in 2016. In November, Macau’s Chief Executive Fernando Chui Sai On said that the economic forecast for 2016 is MOP200 billion, an average of MOP16.6 billion per month. Leong,...
- No changes to gaming table cap until 2022, Macau gov’t says
November 27, 2015
Don’t expect any changes to Macau’s table gaming cap anytime soon. Secretary for Economy and Finance Lionel Leong Vai Tac said Thursday there will be no changes to the government’s policy of capping the number of live dealer gaming tables until at least the end of 2022, GGRAsia reported. Speaking...
Parisian Macao battling Legionnaires’ Disease outbreak
April 25, 2017
Execs to take on blockchain at iGaming Asia Congress 2017
March 21, 2017