{"id":29127,"date":"2022-04-20T10:39:40","date_gmt":"2022-04-20T13:39:40","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=29127"},"modified":"2026-04-23T09:27:20","modified_gmt":"2026-04-23T12:27:20","slug":"macau-vip-gaming-promoter-bill-passes-first-reading","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-vip-gaming-promoter-bill-passes-first-reading","title":{"rendered":"Macau VIP gaming promoter bill passes first reading"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The bill on junket businesses and satellite casinos will now be assigned to one of three working committees for detailed examination.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Macau.- Macau\u2019s Legislative Assembly has today (April 20) approved the first reading of\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/authorities-in-macau-unveil-details-about-new-vip-gaming-promoter-law\" target=\"_blank\">the new bill on junket businesses<\/a>\u00a0and satellite casinos. In the first reading,\u00a0<strong>30 MPs voted in favour <\/strong>while one voted against the bill.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some of the legislators who spoke at the debate questioned the viability of satellite casinos continuing to operate under the proposed framework. They raised concerns that local employment could be affected as a result.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There are currently&nbsp;<strong>18 satellite casinos in Macau&nbsp;<\/strong>operating under licences attached to one of the six casino concessionaires but run by third parties in individually owned premises. Some 14 of those satellite casinos are operating under the licence of SJM Holdings Ltd, and the other four are tied to Galaxy Entertainment Group (GEG) and Melco Resorts and Entertainment Ltd.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to a press release from the executive committee, the bill aims to improve oversight of the industry. It would allow junket operators to each work with&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-gaming-law-will-allow-junkets-to-serve-one-casino-operator\" rel=\"noreferrer noopener\">only one casino operator<\/a>. Individuals will no longer be licensed as intermediaries; only companies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The bill will now be sent to one of three parliamentary working committees for detailed consideration. The responsible committee may propose amendments. The bill will then be sent back to the General Assembly for its final reading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The bill on junket businesses and satellite casinos will now be assigned to one of three working committees for detailed examination.<\/p>\n","protected":false},"author":176,"featured_media":0,"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 Legislative Assembly has approved the first reading of a new bill targeting junket businesses and satellite casinos, which now proceeds to committee for detailed examination. The proposed legislation aims to enhance industry oversight, limiting junket operators to a single casino concessionaire and mandating company-only licensing for intermediaries. Concerns have been raised regarding the viability of satellite casinos and potential impacts on local employment.","focusai_entities":"Macau's Legislative Assembly, SJM Holdings Ltd, Galaxy Entertainment Group, Melco Resorts and Entertainment Ltd","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), payments_fraud_aml (0.7), investor_analyst (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Satellite Casino Viability?","query":"What are the projected financial implications for concessionaires, particularly SJM Holdings, given the potential operational restructuring or closure of satellite casinos under the new regulatory framework?"},{"label":"Junket Model Evolution?","query":"How will the restriction of junket operators to a single casino concessionaire and the shift to company-only licensing impact the overall junket market structure and VIP GGR contribution in Macau?"}],"footnotes":""},"categories":[16338,156,158],"tags":[23911,23906],"class_list":["post-29127","post","type-post","status-publish","format-standard","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\/29127","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=29127"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29127\/revisions"}],"predecessor-version":[{"id":29135,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29127\/revisions\/29135"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=29127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=29127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=29127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}