{"id":28971,"date":"2022-04-14T07:21:46","date_gmt":"2022-04-14T10:21:46","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=28971"},"modified":"2026-04-23T09:37:15","modified_gmt":"2026-04-23T12:37:15","slug":"macau-to-revise-gaming-credit-law","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-to-revise-gaming-credit-law","title":{"rendered":"Macau to revise gaming credit law"},"content":{"rendered":"\n

The government of Macau has revealed it may amend the current law regulating gaming credit issued by casino operators and junkets.<\/p>\n\n\n\n\n\n\n\n

Macau.- As they continue to debate the final draft of Macau\u2019s gaming law amendment bill<\/a>, authorities have announced\u00a0that the current gaming credit law <\/strong>in Macau may also be amended\u00a0to improve regulatory standards. <\/p>\n\n\n\n

The announcement was made in a memorandum submitted to the Legislative Assembly, along with\u00a0a new bill that sets out the definitions of junket operators<\/a>, casino sector management companies and employees. The draft law is titled Regulations on Gambling in Casinos.<\/p>\n\n\n\n

The government said that while Law 8\/96\/M on illegal gambling regulates a number of gambling-related crimes and offences, it was time to update the law.<\/p>\n\n\n\n

It said: \u201cThe Macau government considers \u2026 it is necessary to improve the respective legal regime to strengthen supervision and ensure the healthy and orderly development of the city\u2019s gaming industry.”<\/p>\n\n\n\n

Law 8\/96\/M punishes all forms of operating, promoting or supporting gaming outside of authorised venues, as well as any fraudulent or illegal gaming within authorised areas, or the provision of loans or gaming credits to customers without a licence.<\/p>\n\n\n\n

Macau\u2019s Legislative Council<\/strong>\u00a0approved the\u00a0first reading of the gaming law<\/a>\u00a0amendment bill in January. It is expected to get a final reading by June.<\/p>\n\n\n\n

\u201cNew gaming bill necessary to enhance industry standards\u201d says Macau CE<\/h2>\n\n\n\n

Ho Iat Seng<\/strong>, Macau\u2019s chief executive, has spoken about the city\u2019s gaming law amendment bill at a question-and-answer session with members of the city\u2019s Legislative Council. He said the bill was needed to raising regulatory standards, strengthen enforcement and ensure support from authorities in mainland China.<\/p>\n\n\n\n

Ho said Macau\u2019s casino industry is currently at one of its lowest points<\/strong> but said that by implementing new \u201cstandards for healthy development\u201d in the casino industry, \u201cthe city will gain the support of the mainland.\u201d<\/p>\n\n\n\n

Without the introduction of such changes, Ho said Macau\u2019s gaming industry would shrink because anyone promoting cross-border gambling would be convicted in mainland China. <\/p>\n","protected":false},"excerpt":{"rendered":"

The government of Macau has revealed it may amend the current law regulating gaming credit issued by casino operators and junkets.<\/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 government is proposing amendments to its gaming credit law and the broader gaming law, aiming to enhance regulatory standards and strengthen supervision of the gaming industry. These legislative updates, including new definitions for junket operators and casino management, are critical for ensuring healthy sector development and securing support from mainland China amidst current industry challenges.","focusai_entities":"Ho Iat Seng","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), investor_analyst (1.0), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Impact on Junkets","query":"How will the new definitions and regulatory standards for junket operators impact their operational viability and existing B2B agreements with Macau's concessionaires?"},{"label":"Regulatory Enforcement Scope","query":"What specific enforcement mechanisms and penalties are being introduced or strengthened under the amended gaming credit law to deter unauthorized credit provision and illegal gambling activities?"}],"footnotes":""},"categories":[16338,156],"tags":[23911,23906],"class_list":["post-28971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-regulation-news","tag-gambling-regulation","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28971","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=28971"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28971\/revisions"}],"predecessor-version":[{"id":29005,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28971\/revisions\/29005"}],"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=28971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=28971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=28971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}