Would-be concessionaires must set out how they would attract foreign customers, the benefits they’ll bring to Macao and their stance on social responsibility.
gaming law
Financial incentives offered for attracting overseas gamblers, junkets face tougher regulations; total of six concessions on offer – bidding process yet to be launched.
Major industry players step back in the run-up to new laws which aim to clean up gaming and protect Macao’s image as an international leisure destination.
Taking illegal deposits could land offenders in prison for up to five years, once Legislative Assembly passes proposed bill.
Lawmaker Andrew Chan Chak Mo says committee has finished its fine-tooth comb review of new gaming bill, final text expected by third week of April.
Lawmaker Andrew Chan Chak Mo says only one more meeting required before first review of new bill is completed.
Role of junkets to be defined more precisely, with a great deal more official oversight, says lawmaker Chan Chak Mo.
Definition of ‘endangerment’ of national security remains open to question; lawmakers seek clarity from government.
Fate of workers following possible casino closures uppermost in lawmakers’ minds as they examine the nitty gritty of proposed bill.
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