{"id":25911,"date":"2021-12-23T12:29:26","date_gmt":"2021-12-23T15:29:26","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=25911"},"modified":"2026-04-23T12:38:57","modified_gmt":"2026-04-23T15:38:57","slug":"macau-shares-results-of-gaming-law-consultation","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-shares-results-of-gaming-law-consultation","title":{"rendered":"Macau shares results of gaming law consultation"},"content":{"rendered":"\n

Authorities have revealed that most opinions were against the proposed controls on dividend distribution.<\/p>\n\n\n\n\n\n\n\n

Macau.- The Gaming Inspection and Coordination Bureau (DICJ) has shared results from the consultation sessions held on proposed changes to Macau’s gaming legislation. Four public consultations<\/a> on gaming laws were held between October 22 and 25.<\/p>\n\n\n\n

The report suggests the majority of opinions shared during the consultation were against proposed controls on dividend distribution. The government has promised to consider the concerns<\/strong> expressed and suggestions.<\/p>\n\n\n\n

The report stated: \u201cMost of the opinions disagree with the respective proposal. They understand that establishing prior authorization from the Government constitutes a limitation that will interfere with the free market and may ward off the interest of concessionaires\/sub-concessionaires in investing.\u201d<\/p>\n\n\n\n

As for the introduction of \u201cdelegates\u201d to Macau\u2019s gaming concessions<\/strong> to create a greater checking limit on the activity of the gaming firms, 57 people agreed with the proposal while 38 people were against it. The government said it understood the view that government representatives may interfere with operators’ activities and independence.<\/p>\n\n\n\n

On the number and duration of future gaming concessions<\/strong>, the majority of opinions were in favour of increasing the number of franchises from the current three to six. The majority also agreed with the government\u2019s proposal to end the current sub-concession system<\/a>. <\/p>\n\n\n\n

Regarding the length of casino concessions<\/strong>, 42 per cent said they should be less than the current 20 years; 32 per cent of people agreed with the current length and 9.9 per cent wanted a longer period.<\/p>\n\n\n\n

Authorities said: \u201cIn the development process of the gaming sector, maintaining a certain size constitutes an important basis for guaranteeing social stability and employment of residents.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Authorities have revealed that most opinions were against the proposed controls on dividend distribution.<\/p>\n","protected":false},"author":176,"featured_media":25621,"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) has released public consultation results on proposed gaming legislation changes. Key findings indicate strong opposition to dividend distribution controls, mixed views on government delegates, and majority support for increasing concessions from three to six while ending the sub-concession system. Opinions on concession duration were varied.","focusai_entities":"Gaming Inspection and Coordination Bureau, DICJ","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Dividend Control Impact","query":"What specific amendments are the DICJ considering to address industry concerns regarding the proposed controls on dividend distribution, given the strong opposition?"},{"label":"Concession Structure Implications","query":"How will the proposed increase in the number of concessions and the termination of the sub-concession system impact the competitive landscape and potential for new market entrants in Macau?"}],"footnotes":""},"categories":[16338,156,158],"tags":[23911,23906],"class_list":["post-25911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-regulation-news","category-slider-home","tag-gambling-regulation","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/25911","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=25911"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/25911\/revisions"}],"predecessor-version":[{"id":25920,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/25911\/revisions\/25920"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/25621"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=25911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=25911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=25911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}