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Closure of satellite casinos to have “no effective impact” on gaming revenue – Government

The Macau government announced on Monday that the closure of 11 ‘satellite casinos’ “will not cause an effective impact” on gaming revenues, while assuring that the reassignment of workers affected by the closures will be closely monitored.

“We believe that the decision regarding gaming operations and their development will not cause an effective impact on gaming revenues but will have a positive impact on the operation of gaming activities,” said Secretary for Administration and Justice, André Cheong, at a press conference.

Three of the six gaming concessionaires operating in Macau – SJM, Galaxy, and Melco – have informed the authorities that they will cease operations at the 11 existing satellite casinos by 31 December, Cheong noted.

Read more in Macau News Agency

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