The announcement of an amendment to China’s criminal law that would criminalise the promotion of gambling overseas has caused concerns.<\/p>\n\n\n\n\n\n\n\n
Macau.- Chief Executive Ho Iat Seng has avoided responding to concerns about new amendments to China’s criminal law, which would criminalise the promotion of gambling “overseas” to mainland Chinese residents. <\/p>\n\n\n\n
Local media asked the chief executive about the possible negative impact the changes could have on Macau’s casinos.<\/p>\n\n\n\n
He declined to comment on the subject but said China’s central government would continue to be \u201cvery supportive\u201d of the city. He said he would \u201cnot make a judgment\u201d on China’s new legislation, noting it was still \u201cunder discussion\u201d by the Standing Committee of the National People\u2019s Congress.<\/p>\n\n\n\n
Wilfred Wong Ying Wai, president of casino operator Sands China, has said he does not expect the amendment of China’s criminal law to have any “bigger impact” than the effect already seen from tightened controls over capital flows. <\/p>\n\n\n\n
He said: \u201cNow China has been strengthening the control over capital flow, and the impact of that has already been reflected [on Macau\u2019s gaming revenue trend]. There should not be any bigger impact from the new\u2026 legislation [on the mainland] \u2026 on the gaming revenue trend here.”<\/p>\n","protected":false},"excerpt":{"rendered":"
The announcement of an amendment to China’s criminal law that would criminalise the promotion of gambling overseas has caused concerns.<\/p>\n","protected":false},"author":2,"featured_media":11044,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"China's proposed amendment to its criminal law, which would criminalize the promotion of gambling overseas to mainland residents, is generating concerns for Macau's gaming sector. While Macau's Chief Executive declined direct comment, Sands China's president suggests the impact may not exceed that already observed from existing capital flow restrictions on gaming revenue.","focusai_entities":"Ho Iat Seng, Sands China, Wilfred Wong Ying Wai, National People\u2019s Congress","focusai_location":"China, Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.95), operator_casino (0.95), investor_analyst (0.9), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"China Gambling Law Impact","query":"What specific provisions within the proposed amendment to China's criminal law define \"promotion of gambling overseas,\" and how might this extraterritorial application impact B2B marketing partnerships and affiliate activities for Macau-based operators?"},{"label":"Macau GGR Outlook","query":"Beyond the existing capital flow controls, what is the projected incremental impact of this new legislation on Macau's GGR, particularly concerning VIP segment performance and the diversification strategies of concessionaires?"}],"footnotes":""},"categories":[160,161,16338,154],"tags":[225,257],"class_list":["post-11041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-daily-news","category-east-asia-news","category-legislation-news","tag-legislation","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=11041"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11041\/revisions"}],"predecessor-version":[{"id":11057,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/11041\/revisions\/11057"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/11044"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=11041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=11041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=11041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}