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Macau casino firms could soon face minimum annual gaming revenue targets

January 19, 2022
Source: worldcasinodirectory.com worldcasinodirectory.com
News Snapshot:
As part of its upcoming licensing of six new casino concessionaires and the government of Macau could reportedly soon oblige operators to commit to hitting minimum annual gross gaming revenue targets. According to a report from GGRAsia, draft legislation currently being considered in the former Portuguese enclave may feature a clause that would tie licensed casino operators to meeting annual gross gaming revenue targets based upon their compliments of slot and table games. The source detailed that such a provision would come complete with an initial two-year breather but thereafter compel firms that have missed their thresholds to pay a...
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Tags: ban | boycott | Casino | China | coronavirus | entertainment | fine | Galaxy | gambling | games | gaming | government | IT | Las Vegas | licensing | Macau | online game | Pandemic | Portugal | report | revenue | tax

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