After Alvin Chau was cleared of fraud (though not a raft of other crimes), Macao’s gaming operators are no longer entitled to more than 2 billion patacas in compensation.
Macao gaming bill
Loss comes at a time when Macao’s casinos were forced shut and partial lockdown was put in place by government to tackle Covid-19 outbreak that started on 18 June.
Operators face 1% tax hike on GGR; greatest concern is fate of satellite casinos and potential effect of job losses on Macao’s economy.
Lawmaker Chan Chak Mo insists on workers’ rights in keeping with Labour Relations Law; new gaming bill due to go before legislature next month.
Lawmakers drill down on final detail as bill to reshape gaming industry heads toward Legislative Assembly on 26 June.
Standing Committee will review terms at least twice more before agreeing final wording and penalties with government officials.
