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CLSA expects Macau satellite casinos to continue under revised compensation model

Regulation

A CLSA analyst expects Macau’s profitable satellite casinos, including Kam Pek Paradise, Fortuna and Ponte 16, to keep operating beyond 2025 under a restructured compensation model. From 2026, satellite operators will be limited to casino-manager roles and barred from revenue sharing under the 2022 gaming law; the analyst said loss-making venues were more likely to close.

The transition will change satellite casinos’ operating roles and compensation, with potential implications for casino concessionaires and staff.

End-of-day close Paradise Co (034230), KRW, to 23 July 2025
Story date24 April 202523 July 2025

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