{"id":24130,"date":"2021-11-02T11:51:22","date_gmt":"2021-11-02T14:51:22","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=24130"},"modified":"2026-04-23T14:13:28","modified_gmt":"2026-04-23T17:13:28","slug":"359-attended-macaus-gaming-law-consultation-sessions","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/359-attended-macaus-gaming-law-consultation-sessions","title":{"rendered":"359 attended Macau\u2019s gaming law consultation sessions"},"content":{"rendered":"\n

Between September 15 and October 29, 359 people attended the public consultation sessions on gaming laws.<\/p>\n\n\n\n\n\n\n\n

Macau.- A week after the last\u00a0public consultation session<\/a>\u00a0on gaming law, Macau\u2019s Gaming Inspection and Coordination Bureau (DICJ) has reported that 359 people attended the series of meetings. The sessions were held on October 22, 23, 24 and 25, later than planned due to\u00a0local Covid-19 cases<\/a>\u00a0and\u00a0Typhoon Kompasu<\/a>.<\/p>\n\n\n\n

Macau Business said\u00a0the meetings were attended by representatives from gaming and junket operators<\/strong>, gaming sector workers, representatives of the social services sector, the legal sector, the education sector, associations and private citizens.<\/p>\n\n\n\n

Attendees expressed concerns about the number and duration of future gaming concessions<\/strong>\u00a0and proposed controls on dividend distribution. A Macau law firm<\/a>\u00a0\u00a0questioned that proposal, arguing that \u201cthere is no legal framework to justify any intervention by the Macau authorities<\/strong>\u00a0in the distribution of dividends from private companies.\u201d<\/p>\n\n\n\n

Questions about a possible end to the current sub-concession system<\/a> that led to the creation of three additional Macau casino licences also arose during the sessions.<\/p>\n\n\n\n

Lei Wai Nong, Macau\u2019s Secretary for Economy and Finance<\/strong>, had said: \u201cWe don\u2019t want to encourage any more sub-concession arrangements, because we want to ensure stability in our gaming concession system\u2026they\u2026 should not expand endlessly.\u201d<\/p>\n\n\n\n

Macau\u2019s current casino licences are\u00a0due to expire in June 2022<\/strong>. However, the city\u2019s gaming laws state that\u00a0licences can be extended for up to five years<\/strong>\u00a0from the original 20-year term.\u00a0Now\u00a0there will be 180 days to write the final report<\/strong>, after which a draft will be submitted to the Legislative Assembly for additional conversation.\u00a0<\/p>\n\n\n\n

Junkets request details on Macau\u2019s proposed new gaming laws<\/h2>\n\n\n\n

Kwok Chi Chung, president of the Macau Association of Gaming and Entertainment Promoters, has asked the government for more clarity.<\/p>\n\n\n\n

Kwok said he has doubts about the proposals regarding the VIP junket segment and said junkets need clarity on what constitutes an illegal deposit<\/strong>. According to the proposal, people convicted of making illegal deposits will face up to five years in prison. <\/p>\n\n\n\n

In September, Ben Lee, managing partner of iGamiX Management & Consulting<\/strong>, said Macau could lose 80 per cent of its premium mass business<\/a> due to the proposed changes. He\u2019s opposed to the proposal to have elected \u201cdelegates\u201d on Macau\u2019s gaming concessions <\/strong>\u2013 a move designed to introduce greater checks on the activity of the gaming firms.<\/p>\n","protected":false},"excerpt":{"rendered":"

Between September 15 and October 29, 359 people attended the public consultation sessions on gaming laws.<\/p>\n","protected":false},"author":176,"featured_media":23786,"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 Gaming Inspection and Coordination Bureau (DICJ) concluded public consultations on proposed gaming law revisions, with 359 attendees raising concerns about concession duration, dividend controls, and the future of sub-concessions. Key stakeholders, including junket operators and legal experts, expressed doubts regarding new regulations on VIP junkets and the legality of dividend intervention, as current licenses approach their June 2022 expiry.","focusai_entities":"Macau's Gaming Inspection and Coordination Bureau, DICJ, Macau Business, Macau Association of Gaming and Entertainment Promoters, iGamiX Management & Consulting, Lei Wai Nong, Kwok Chi Chung, Ben Lee","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Concession Renewal Criteria","query":"Beyond duration, what specific financial and operational criteria will the DICJ prioritize for future gaming concession renewals, and how will these impact existing operators' capital expenditure strategies?"},{"label":"Dividend Control Legality","query":"Given the legal challenge cited, what specific legislative mechanisms are being considered to implement dividend distribution controls, and what are the potential implications for foreign investment and corporate governance standards?"}],"footnotes":""},"categories":[16338,156,158],"tags":[23906],"class_list":["post-24130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-regulation-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24130","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=24130"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24130\/revisions"}],"predecessor-version":[{"id":24151,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/24130\/revisions\/24151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/23786"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=24130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=24130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=24130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}