On 28th July, the Chief Executive of the Macao SAR issued an Executive Order to launch a new round of public tender for a total of six gaming concessions - each with a maximum duration of 10 years. The tender is open for bids until 14th September.
The Executive Order specifies the factors for consideration when assessing the companies participating in the public tender and evaluating their respective bids. Factors include: the bidder’s proposal to expand Macao’s reach into tourist markets from foreign countries; its experience in operating games of chance in casinos or other relevant businesses; benefits Macao can accrue from the bidder’s investments in local gaming and non-gaming projects; its planning regarding casino management operations; its proposal for monitoring and preventing illegal activities inside its casinos; and the bidder’s commitment to corporate social responsibility initiatives.
The committee responsible for overseeing gaming concessions public tender also held a press conference on the same day to announce relevant details. The new committee has nine members. They are: Secretary for Administration and Justice, Cheong Weng Chon; Secretary for Economy and Finance, Lei Wai Nong; Secretary for Social Affairs and Culture, Ao Ieong U; Secretary-General of the Executive Council, Hoi Lai Fong; Director of the Economic and Technological Development Bureau, Tai Kin Ip; Director of the Macao Government Tourism Office, Maria Helena de Senna Fernandes; Director of the Gaming Inspection and Coordination Bureau, Adriano Marques Ho; Director of the Judiciary Police, Sit Chong Meng; and Director of the Land and Urban Construction Bureau, Lai Weng Leong. The Gaming Inspection and Coordination Bureau is to provide the committee with administrative, financial, technical, and logistic support.
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