Businessman and outgoing lawmaker Chan Meng Kam said yesterday that he was not interested “at the moment” in bidding for a gaming concession.
Macau’s three gaming concessions and three sub-concessions will expire between 2020 and 2022. The government has said that the concessions and sub-concessions won’t be renewed but will have to go through a bidding process.
Asked by a reporter on the sidelines of the new Hotel Royal Dragon opening ceremony if he was interested in bidding for a gaming concession and if he thought the government should increase the number of gaming concessions, Chan chuckled and said: “At the moment, no,” adding he thought, however, that the local gaming industry should be opened up further.
Hotel Royal Dragon Chairman Chan Meng Kam speaks to reporters yesterday outside the new casino-hotel in Zape on the sidelines its opening ceremony. Photo: Debby Seng
