The Gaming Inspection and Coordination Bureau (DICJ) has met with the leadership of the city\u2019s Association of Gaming and Entertainment Promoters to discuss Macau\u2019s proposed new gaming law.<\/p>\n\n\n\n\n\n\n\n
Macau.- Representatives of the junket sector in Macau have met with the Gaming Inspection and Coordination Bureau (DICJ)<\/strong> to express concerns regarding the government\u2019s proposed changes to the city\u2019s gaming laws.<\/p>\n\n\n\n Kwok Chi Chung<\/strong>, <\/strong>president of the Association of Gaming and Entertainment Promoters, said the junket trade group gave the DICJ feedback on the proposed revised law, including doubts about the implementation of some of the proposed provisions. <\/p>\n\n\n\n One of the issues raised was the motivation behind the bill’s proposal to allow junket operators to each provide services to only one casino operator<\/strong>. Kwok Chi Chung said the group also asked what the policy would be if a junket were to change from an existing partner concessionaire to a new one.<\/p>\n\n\n\n Andr\u00e9 Cheong Weng Chon<\/strong>, Executive Council spokesperson, has previously 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.\u00a0The bill would also\u00a0prohibit 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 The Gaming Inspection and Coordination Bureau (DICJ) has met with the leadership of the city\u2019s Association of Gaming and Entertainment Promoters to discuss Macau\u2019s proposed new gaming law.<\/p>\n","protected":false},"author":176,"featured_media":26856,"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 engaged with the Association of Gaming and Entertainment Promoters to address concerns regarding the proposed new gaming law. Key provisions under discussion include limiting junket operators to a single casino partner, prohibiting revenue-sharing models, and restricting third-party business engagements, which could significantly alter the junket operational framework.","focusai_entities":"Gaming Inspection and Coordination Bureau (DICJ), Association of Gaming and Entertainment Promoters, Kwok Chi Chung, Andr\u00e9 Cheong Weng Chon, Executive Council, Legislative Council","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), payments_fraud_aml (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"GGR\/NGR Impact Analysis?","query":"What are the projected GGR and NGR impacts for Macau's concessionaires if the proposed junket revenue-sharing ban is fully implemented?"},{"label":"Junket Market Concentration?","query":"How will the proposed restriction limiting junkets to a single casino operator affect market concentration and competitive dynamics within Macau's VIP gaming vertical?"}],"footnotes":""},"categories":[16338,154,158],"tags":[23911,23906],"class_list":["post-27457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-legislation-news","category-slider-home","tag-gambling-regulation","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27457","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=27457"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27457\/revisions"}],"predecessor-version":[{"id":27496,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27457\/revisions\/27496"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26856"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=27457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=27457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=27457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Macau\u2019s Legislative Council approved the first reading of the gaming law amendment bill<\/a> with just one vote against on January 24.<\/td> <\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"