Part III: Business & Regulation · Gaming Regulation & Compliance

Concession Contract

LegalREPORTED

The formal administrative contract between a government and a private entity granting the right to operate casino gaming. In Macau, concession contracts are awarded through a mandatory public tender process and specify the concessionaire’s rights and obligations, including the types of games permitted, the concession term, investment commitments, employment obligations, tax obligations, non-gaming investment requirements, and grounds for termination. Concession contracts represent a heavy regulatory burden and are subject to ongoing government supervision. Macau’s 2023 concession contracts include significant non-gaming investment requirements and stronger government oversight provisions.

One entry from the Casino Industry Glossary, 1,090 terms written for surveillance, compliance and operations professionals rather than for players. Definitions describe industry usage; where a term carries a regulatory meaning, verify against the instrument that governs your jurisdiction.