{"id":777005376,"date":"2023-05-18T10:02:37","date_gmt":"2023-05-18T13:02:37","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777005376"},"modified":"2026-04-22T21:52:52","modified_gmt":"2026-04-23T00:52:52","slug":"macaus-new-gaming-credit-bill-passes-first-reading","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macaus-new-gaming-credit-bill-passes-first-reading","title":{"rendered":"Macau’s new gaming credit bill passes first reading"},"content":{"rendered":"\n

The bill will now be assigned to a Legislative Assembly panel for closer scrutiny.<\/p>\n\n\n\n\n\n\n\n

Macau.- Macau legislators<\/strong> have approved the first reading of a new bill on casino credit and junket contracts<\/a> (the Legal Regime of Credit Concession for Gambling in Casinos). The legislation aims to crack down on unauthorised third parties issuing credit to gamblers.<\/p>\n\n\n\n

The bill, expected to come into effect early next year, will now proceed to a Legislative Assembly panel for further review and scrutiny. Under the proposed legislation, only gaming concessionaires and their affiliated junkets will be permitted to provide credit to players. Any violation of this provision could result in a maximum fine of MOP5m (US$620,000)<\/a>.<\/p>\n\n\n\n

Management companies, including third-party promoters of local satellite casinos, will be prohibited from engaging in credit-related activities. By narrowing the scope of credit to authorised entities, Macau aims to strengthen regulation<\/strong> and minimise potential risks associated with unregulated credit.<\/p>\n\n\n\n

During the bill’s initial reading, lawmaker Ron Lam U Tou<\/strong> noted that gaming operators will be included in the Credit Data Platform, a central system established by banks for credit information. Lam emphasised the importance of this integration to ensure an understanding of credit issues related to junkets, safeguarding the financial system from potential threats.<\/p>\n","protected":false},"excerpt":{"rendered":"

The bill will now be assigned to a Legislative Assembly panel for closer scrutiny.<\/p>\n","protected":false},"author":176,"featured_media":10356,"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 restricting casino credit provision solely to gaming concessionaires and their affiliated junkets, prohibiting unauthorized third parties and satellite casino management companies. This legislation, expected early next year, aims to enhance regulatory oversight and integrate gaming operators into the Credit Data Platform to mitigate financial system risks.","focusai_entities":"Legislative Assembly, Ron Lam U Tou, Credit Data Platform","focusai_location":"Macau","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), tech_data (0.8), payments_fraud_aml (0.9), investor_analyst (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Junket Models","query":"How will the restriction of credit provision to only concessionaires and affiliated junkets reshape the operational and financial models of independent junket operators in Macau?"},{"label":"Credit Data Platform Integration","query":"What are the specific technical and data governance challenges gaming concessionaires anticipate in integrating their credit information into the central Credit Data Platform?"}],"footnotes":""},"categories":[16338,154,158],"tags":[23911,23906],"class_list":["post-777005376","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\/777005376","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=777005376"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777005376\/revisions"}],"predecessor-version":[{"id":777005400,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777005376\/revisions\/777005400"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10356"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777005376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777005376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777005376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}