According to a report
New casino land grants in 2012 “unlikely”
(Macau).- It is “unlikely” that the Macau government will approve any new casino land grants this year, an unidentified source close to this matter told Portuguese-language newspaper Jornal Tribuna de Macau.
2012-09-21
Reading time 23 seg
(Macau).- It is “unlikely” that the Macau government will approve any new casino land grants this year, an unidentified source close to this matter told Portuguese-language newspaper Jornal Tribuna de Macau.
The government is currently analysing requests filed by both MGM China Holdings and SJM Holdings. According to the same source, MGM China’s land request proposal is the one closer to approval, but it is only likely to receive the final nod next year.
In May, the government granted Wynn Macau a land parcel in Cotai, allowing the company to finally extend its operations to Cotai.
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