“I think it depends on what the Chinese government wants. They do want more growth in non-gaming rather than gaming. So it doesn’t make that much sense to have more casino licences,” Ho added.
The Melco boss also said he was “confident” regarding the refreshment of Melco Resorts’ Macau rights post 2022, when his firm’s current concession expires.
“Melco has always done, from a diversification or a non-gaming standpoint, more than most of our competitors. So we are very confident on that basis that we listened to the Macau government 10 years ago in terms of what they wanted. So I think we want to… continue to be good partners,” the Melco chief executive said.
Several investors in so-called satellite casinos that currently piggyback on one of the existing Macau permit holders have separately suggested either that the Macau government should allow local firms to bid for a concession in their own right or that Macau should adopt a different licensing scheme.
Source: GMB / GGR Asia
