{"id":18418,"date":"2021-05-28T15:46:11","date_gmt":"2021-05-28T15:46:11","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=18418"},"modified":"2026-04-23T19:05:46","modified_gmt":"2026-04-23T22:05:46","slug":"macau-should-regulate-csr-for-casino-operators-analysts-say","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-should-regulate-csr-for-casino-operators-analysts-say","title":{"rendered":"Macau should regulate CSR for casino operators, analysts say"},"content":{"rendered":"\n

As part of the retendering process for gaming licences, Macau authorities could introduce a rule to regulate casino operators’ corporate social responsibility.<\/p>\n\n\n\n\n\n\n\n

Macau.- A paper from an academic at Macau University of Science and Technology (MUST) suggests\u00a0Macau should<\/strong> regulate casino operators’\u00a0corporate social responsibility (CSR)<\/strong>.<\/p>\n\n\n\n

The suggestion comes ahead of the upcoming retendering of Macau\u2019s casino licences. According to\u00a0Yan Wenjia<\/strong>, assistant professor at MUST\u2019s School of Business, the regulation of\u00a0CSR should be limited and meet the needs of society<\/strong>\u00a0for the sustainable development of the gaming industry.<\/p>\n\n\n\n

The paper suggests <\/strong>Macau lacks a comprehensive CSR code. It states: “It would be appropriate in restraining local protectionism, rather than\u00a0purely satisfying the residents by imposing unjustifiable and unfair CSR\u00a0<\/strong>in the sense of market economy on the casino operators.”<\/p>\n\n\n\n

The report concludes\u00a0the government should intervene on CSR prudently<\/strong>\u00a0and in a limited way.<\/p>\n\n\n\n

Legislator Ella Lei Cheng I<\/a>\u00a0has recently said that legislators are suggesting the government conduct an assessment on\u00a0how Macau\u2019s gaming companies have exercised their contracts<\/strong>.<\/p>\n\n\n\n

In April, a report entitled\u201cThe case of Covid-19 and Macao\u2019s destination- and gambling-dependent economy<\/strong>\u201d, argued that Macau should turn to online gambling and technology<\/a> to help its recovery from the pandemic.<\/p>\n\n\n\n

Macau\u2019s current casino licences will expire in June 2022<\/strong>, but could be extended for up to five years under to the city\u2019s gaming laws.<\/p>\n","protected":false},"excerpt":{"rendered":"

As part of the retendering process for gaming licences, Macau authorities could introduce a rule to regulate casino operators’ corporate social responsibility.<\/p>\n","protected":false},"author":176,"featured_media":18420,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau authorities are considering the introduction of Corporate Social Responsibility (CSR) regulations as part of the upcoming casino license retendering process. Academic proposals suggest a prudent, limited approach to CSR mandates, aiming to balance societal needs with market economy principles and avoid local protectionism. This development signals a potential evolution in governance frameworks for Macau's gaming operators, impacting future licensing terms and operational compliance.","focusai_entities":"Macau University of Science and Technology, Yan Wenjia, Ella Lei Cheng I","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"CSR Mandate Scope","query":"What specific CSR metrics or initiatives are Macau authorities likely to mandate, and how will these be integrated into the license renewal criteria and ongoing compliance audits?"},{"label":"Economic Impact Analysis","query":"What is the projected economic impact of these potential CSR regulations on Macau's gaming operators, particularly concerning operational expenditure, capital allocation, and overall GGR\/NGR performance?"}],"footnotes":""},"categories":[157,16338,158],"tags":[23907,23906],"class_list":["post-18418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","category-slider-home","tag-land-based-casino","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18418","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=18418"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18418\/revisions"}],"predecessor-version":[{"id":18444,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18418\/revisions\/18444"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18420"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=18418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=18418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=18418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}