Thousands of jobs risked by satellite casino shutdowns ZAPE businesses warn of severe economic consequences Government urged to support non-gaming district revival Business owners in Macau are warning of major economic fallout as at least nine satellite casinos face permanent closure by year’s end. The casinos are set to close permanently by December 31, 2025, putting around 6,000 jobs at risk in the gambling hub. Macau’s Landmark Casino, above, is one of six satellite casinos in the ZAPE District whose days are numbered. Local business owners argue the government has underestimated the economic impact on the area. (Image: Landmark Macau/SJM Holdings) The satellites, which have operated under the licenses of Macau’s six concessionaires since the industry’s liberalization in 2002, are being squeezed out by tightened regulations, dwindling revenues, and the government’s push to consolidate and modernize the industry. Business owners said Sunday the government has severely underestimated the economic consequences… Read More
Category: Asia Pacific Gaming, Commercial Gaming, Gaming Business, Live Casinos, Politics, casino job losses, Macau gaming law, Macau satellite casinos, SJM Holdings closures, ZAPE district economy 
Source: Land Casino & Gambling News (Casino Projects & Openings) – Casino.org