{"id":26351,"date":"2022-01-18T10:01:33","date_gmt":"2022-01-18T13:01:33","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=26351"},"modified":"2026-04-23T12:09:47","modified_gmt":"2026-04-23T15:09:47","slug":"macau-gaming-law-will-allow-junkets-to-serve-one-casino-operator","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-law-will-allow-junkets-to-serve-one-casino-operator","title":{"rendered":"Macau gaming law will allow junkets to serve one casino operator"},"content":{"rendered":"\n

Macau\u2019s new gaming law aims to increase oversight of junket operations in the city.<\/p>\n\n\n\n\n\n\n\n

Macau.- New details have emerged on the proposed amendments to Macau’s gaming regulatory framework<\/a>. Authorities have revealed that the new gaming bill will allow junket operators to each provide services to only one casino operator<\/strong>. <\/p>\n\n\n\n

Andr\u00e9 Cheong Weng Chon<\/strong>, Executive Council spokesperson, said the bill would also ban junkets from engaging in revenue-sharing arrangements with casino operators and from operating certain areas or facilities in casino venues. The bill would also prohibit junkets from turning to third parties to conduct their business<\/strong>, except in \u201csituations deemed necessary by their partners, members of the management body or employees.\u201d<\/p>\n\n\n\n

Another measure would require gaming operators to submit details of commissions paid to junkets for the previous month by the 10th day of each month.<\/p>\n\n\n\n

Casino operators will need permission to operate in other jurisdictions<\/h2>\n\n\n\n

It’s also emerged that Macau casino operators will have to seek permission from the Macau SAR’s chief executive for permission to operate in other jurisdictions. Five of the current casino operators are listed in Hong Kong, while\u00a0Melco Resorts & Entertainment<\/strong>\u00a0is listed on the Nasdaq.<\/p>\n\n\n\n

The bill states that the Gaming Inspection and Coordination Bureau (DICJ) must be notified\u00a0if gaming authorities in another jurisdiction conduct any investigation<\/strong>\u00a0into any gambling activities conducted by those establishments, or if the jurisdiction offers any gambling concessions.<\/p>\n\n\n\n

According to Macau Business, if the controlling shareholder of the local gaming concessionaire is also a licensed gaming operator in any other jurisdiction, and authorities in that region decide that it can no longer be a shareholder of the Macau licensee, a transfer can only be made if it is proven that there was no fault of the local concessionaire or its outside controlling shareholder.<\/p>\n\n\n\n

According to local media reports, there would be up to six concessions under the new government-backed bill and the current sub-concession system<\/a> would be brought to an end. The concession period would be for a maximum of 10 years<\/strong> but could be extended for a further three years in exceptional circumstances.<\/p>\n\n\n\n

The bill will be submitted to the City Legislative Council<\/strong>, whose members will vote on it. How long the process takes is up to the city\u2019s lawmakers, who can also propose changes to the bill.<\/p>\n","protected":false},"excerpt":{"rendered":"

Macau\u2019s new gaming law aims to increase oversight of junket operations in the city.<\/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 proposed gaming law amendments significantly tighten oversight on junket operations, restricting them to a single casino operator, prohibiting revenue-sharing, and mandating detailed commission reporting. Furthermore, casino operators will require chief executive permission for international operations and face a new concession system limiting licenses to six for a maximum of 10+3 years, ending sub-concessions.","focusai_entities":"Melco Resorts & Entertainment, Andr\u00e9 Cheong Weng Chon, Executive Council, Gaming Inspection and Coordination Bureau (DICJ), City Legislative Council","focusai_location":"Macau, Hong Kong","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), payments_fraud_aml (0.8), investor_analyst (1.0), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Junket Revenue Impact","query":"What is the projected financial impact on casino operators' NGR from the prohibition of revenue-sharing arrangements with junkets and the restriction to a single operator?"},{"label":"Concession Renewal Strategy","query":"How will the existing concessionaires strategize for the new 10-year concession bidding process, particularly given the elimination of sub-concessions and the cap of six licenses?"}],"footnotes":""},"categories":[16338,156,158],"tags":[23911,23906],"class_list":["post-26351","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\/26351","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=26351"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26351\/revisions"}],"predecessor-version":[{"id":26356,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26351\/revisions\/26356"}],"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=26351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=26351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=26351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}