Trump Company Might Enter Casino Industry of Macau

Donald TrumpA company that belongs to The Trump Organization is likely to have applied for four different new trademarks in Macau. This information was affirmed by a local news report.

The applications related to Trump brand were made by DTTM Operations LLC which is a Delaware based company. It covers a wide range of different activities that include casino and gambling services, real estate and hotel services.

The new applications are similar to those filed by the company of Trump in the year 2006 that had been granted but unfortunately lapsed earlier this year.

At the moment, there are no operational businesses of Trump Organization running in Macau, but the applications suggest the likelihood of the Trump Organization to start their business over here.

However, there is an ethical complication arising from the fact that Donald Trump is the newly elected President of United States and all the companies are operating under his name brand. Hence there is a conflict of interest which in turn can cause severe implications to the ethical lawyers and the opposition party.

The application will also have implications for the six gaming operators in Macau who are expected to renew their gaming license in the year 2020. However, there is no official confirmation that Trump wants to enter Macau’s casino industry, but there is speculation because one of the trademarks has to do with Macau gaming.

The government of China has approved some different Trump trademark applications since Donald Trump acceded to the post of President in the USA. At the moment, several lawsuits are going on that alleges approval of China for the trademarks as they are regarded as a gift. This is a violation of the US Constitution.

In response, Donald Trump and his lawyers have said that trademarks protect against the settlers who are likely to exploit his name. The authorities in China have said they have been fair and impartial in handling Trump’s trademark applications and the business of his daughter Ivanka Trump.

Only a little amount of information is available at the moment regarding the approval process for gaming license renewal in Macau. The analysts in the industry believe that the current six operators will retain their licenses but expect that an additional permit might be issued as well.

Alex Bumazhny who is a gambling expert at Fitch Ratings commented that it is difficult for Trump’s organisation to win a license in Macau now. He further said that new permit is likely to be issued in favour of a non-US based gaming company.

Jay Stevens

Jay Stevens

Hi, my name is Adam Jay Stevens. Welcome to Top10-CasinoSites. Explore the online casino world with my site.

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