{"id":24084,"date":"2021-11-01T12:15:08","date_gmt":"2021-11-01T15:15:08","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=24084"},"modified":"2026-04-23T14:15:37","modified_gmt":"2026-04-23T17:15:37","slug":"macau-gaming-union-proposes-casino-worker-security-fund","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-union-proposes-casino-worker-security-fund","title":{"rendered":"Macau gaming union proposes casino worker security fund"},"content":{"rendered":"\n

At the last public consultation session on Macau’s gaming laws, union leaders proposed the creation of a security fund for casino workers.<\/p>\n\n\n\n\n\n\n\n

Macau.- A union of casino workers has submitted a proposal recommending the\u00a0creation of a worker security fund<\/strong>. The idea was brought to the Gaming Inspection and Coordination Bureau (DICJ) last Friday when authorities in Macau held the last\u00a0public consultation session<\/a>\u00a0on changes to gaming laws.<\/p>\n\n\n\n

The proposal was made by\u00a0Lawmaker Leong Sun Iok<\/strong>, Gaming Industry Employees Home chairman, alongside the association\u2019s executive president\u00a0Lei Kun Hei<\/strong>. <\/p>\n\n\n\n

The last session on Macau’s gaming law changes was attended by members of the public, researchers and legal experts who raised questions on proposed requirements for operators to invest in non-gaming elements. There was also discussion of proposals to include\u00a0\u201cdelegates\u201d on Macau\u2019s gaming concessions\u00a0<\/strong>to allow greater checking on gaming firms.<\/p>\n\n\n\n

Lio Chi Chong, DICJ deputy director, said: \u201cThe fact that there may or not be a Government representative it will not affect the business operations.\u201d<\/p>\n\n\n\n

Those who attended the meeting expressed\u00a0concerns about the number and duration of future gaming concessions<\/strong>\u00a0and proposed controls on dividend distribution. Another proposed change is to\u00a0increase the percentage of share capital held by shareholders of Macau casino operators<\/strong>\u00a0who are permanent residents.\u00a0\u00a0<\/p>\n\n\n\n

A few weeks ago, a Macau law firm<\/a> questioned that proposal, arguing that \u201cthere is no legal framework to justify any intervention by the Macau authorities<\/strong> in the distribution of dividends from private companies.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

At the last public consultation session on Macau’s gaming laws, union leaders proposed the creation of a security fund for casino workers.<\/p>\n","protected":false},"author":176,"featured_media":23251,"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's final public consultation on gaming law amendments saw proposals for a casino worker security fund and discussions on operator non-gaming investment, concession governance, and dividend distribution controls. Stakeholders raised concerns regarding the duration of future concessions and the legality of intervening in private company dividend policies. These changes will significantly impact the operational and financial frameworks for concessionaires.","focusai_entities":"Gaming Industry Employees Home, Lawmaker Leong Sun Iok, Lei Kun Hei, Gaming Inspection and Coordination Bureau (DICJ), Lio Chi Chong","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Impact on Concession Renewals","query":"How might the proposed requirements for non-gaming investment and increased local shareholding influence the competitive landscape and financial structuring for incumbent operators seeking concession renewals?"},{"label":"Dividend Policy Implications","query":"What are the potential legal and financial ramifications for publicly traded Macau concessionaires if the government implements controls on dividend distribution, particularly concerning shareholder value and capital markets access?"}],"footnotes":""},"categories":[16338,158,23876],"tags":[23906],"class_list":["post-24084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-slider-home","category-social-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24084","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=24084"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24084\/revisions"}],"predecessor-version":[{"id":24100,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24084\/revisions\/24100"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/23251"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=24084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=24084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=24084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}