News Snapshot:
António Lobo Vilela published a paper in a Nevada law journal titled “The Reversion of Casinos Under Macau’s Concession Model” T he UNLV Gaming Law Journal has this week published a study by a Macau-based gaming lawyer tackling the issue of casino reversion once concessions or sub-concessions expire. In the paper, titled “The Reversion of Casinos Under Macau’s Concession Model,” gaming expert António Lobo Vilela emphasizes Macau law’s stipulation that the “reversion-transfer” of casinos to the government occurs upon the expiration of licenses. This reversion gives the government the power to gain possession of certain assets. The paper further analyzes...
