Casino Expansion Coming To A Close In Macau

Macau has become the gambling capital of the world. It has surpassed Las Vegas, and most recently, doubled Sin City in revenue.

The government, however, has said that there will be no further expansion of casino gambling in the area. They have put a freeze on issuing any future casino licenses.

They also have decided that they will not be allowing any of their current casinos to expand. For the casino owners, that means no more slot machines or additional tables games.

"We're now at a stage to review and estimate the development of the industry. We decided not to issue any new casino concessions, including casino sub-concessions," said Edmund Ho, to lawmakers.

The news that no more expansion would be taking place was bittersweet to current casino owners. They may be upset that they will not be able to expand their own casinos, but they are also happy that no new licenses will be issued.

April 22, 2008
Posted By Terry Goodwin
Staff Editor, CasinoGamblingWeb.com
Submit News!