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Tag Archives: licence renewals

China – Morgan Stanley believes Macau’s licence holders will be granted three more years

Macau six casino concessionaires are now likely to have their licences renewed for a further three years by the SAR Government, abandoning initial plans to hold an open tender due to time restrictions caused by the coronavirus pandemic. Morgan Stanley analysts Praveen Choudhary, Gareth Leung and Thomas Allen made the prediction, saying: “For open bidding…