International edition
June 14, 2021

Until June 5, 2011

MacauSlot’s license extended

(Macau).- Sociedade de Lotarias e Apostas Mútuas de Macau, Limitada, also known as MacauSlot, will have its concession for soccer and basketball betting extended, it was gazetted. The government will sign a contract with the company to extend the concession until June 5, 2011.

M

acauSlot is mainly owned by Sociedade de Turismo e Diversões de Macau, S.A.R.L. (STDM), controlled by Stanley Ho. Founded in 1989, it was the first government-franchised company to offer the sale of instant winning lottery tickets on passenger ferries running between Hong Kong and Macau.

In 1998 - prior to the football World Cup - Slot was granted the franchise from the Macau government to offer soccer betting, thus became the first government-franchised company in Asia to operate a sports betting business.

This was followed by a government-franchise for basketball betting on 30 December 2002.

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