Donald Trump representatives make move for Macau trademark

[highplainsdem]

Source: South China Morning Post

A company representing US President Donald Trump has applied for a casino trademark in Macau.

DTTM Operations LLC, a Delaware-based company responsible for handling the ownership of dozens of trademarks for the president, filed four applications in the world’s largest gaming hub under the brand name “Trump” in June. The local government made the requests public last week.

Among the applications for trademarks was one for gambling and casino services and facilities.

-snip-

The timing of the latest move may add significance, given the potential for big changes in Macau’s casino industry in just a few years. The licences of Macau’s six casino operators begin to expire on March 31, 2020. It is still unclear whether the six will be allowed to continue operating in the city, and if new bidders will be allowed into the market.

-snip-

Read more: http://www.scmp.com/news/hong-kong/economy/article/2105645/trademark-move-raises-suggestions-donald-trump-eyeing-macau

[Angry Dragon]

1. Trade mark for the man that went bankrupt in casinos

[Bladewire]

2. "I'm going to be too busy working for you, my son Eric will run the business"

Filthy pigs can't resist rolling in the muck

[highplainsdem]

3. From the Reuters story on this:

http://www.reuters.com/article/us-trump-macau-idUSKBN1AN0AD

There is currently no Trump-branded property or casino facilities in the southern Chinese enclave where U.S. billionaires Sheldon Adelson and Steve Wynn have their multibillion dollar lavish gambling forts.

Macau's casino operators, which also include Galaxy Entertainment Group, Melco Resorts, SJM Holdings and MGM China, have reaped billions of dollars from Macau's casino boom. Gambling revenues in the special administrative region belonging to China surged by more that seven times that of Las Vegas' prior to 2014.

Now on a more tempered growth route, Macau's casino industry is still the most sought after destination for operators, despite rival Asian hubs like the Philippines and Singapore posting solid growth, due to its proximity to mainland China.

Macau's casino licenses will start to expire in 2020 and the government has yet to comment on what the new process will be, apart from stating there will likely be a new bidding process.