{"id":777016471,"date":"2024-06-17T09:33:52","date_gmt":"2024-06-17T12:33:52","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777016471"},"modified":"2026-04-22T09:04:34","modified_gmt":"2026-04-22T12:04:34","slug":"macaus-new-gambling-law-wont-address-illegal-money-exchange","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macaus-new-gambling-law-wont-address-illegal-money-exchange","title":{"rendered":"Macau’s new gambling law won\u2019t address illegal money exchange"},"content":{"rendered":"\n

The government hasn’t ruled out the possibility of legislation in the future.<\/p>\n\n\n\n\n\n\n\n

Macau.- The proposed Law on Combating Illegal Gambling Crimes<\/a> will not include measures addressing illegal money exchange, though the Macau government has not dismissed the possibility of legislation on the matter it in the future. <\/p>\n\n\n\n

The draft legislation, intended to replace the existing Illegal Gambling Law (Law 8\/96\/m), passed its initial reading at the Legislative Assembly of Macau<\/a> in February and is under review by the Legislative Assembly (AL). The proposal outlaws under-the-table betting<\/strong>, also known as side or multiplier betting and authorises undercover operations to tackle illicit gambling.\u00a0<\/p>\n\n\n\n

Lawmaker\u00a0Chan Chak Mo<\/strong>, the head of the AL’s Second Standing Committee, told media that while the new bill does not target illegal money exchange, the government is aware of its impact on the gaming industry and local economy. He said the government is considering introducing penalties, such as entry bans for the activity.<\/p>\n\n\n\n

Earlier this month, China\u2019s Ministry of Public Security urged Macau and mainland security forces to collaborate more closely to combat illegal money exchange in Macau.<\/p>\n\n\n\n

See also:<\/strong> Macau gaming-related crime rises by 122% in Q1<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The government hasn’t ruled out the possibility of legislation in the future.<\/p>\n","protected":false},"author":176,"featured_media":24416,"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 Law on Combating Illegal Gambling Crimes, currently under Legislative Assembly review, will outlaw under-the-table betting and authorize undercover operations. While it does not currently address illegal money exchange, the government acknowledges its impact and is considering future legislation, including potential entry bans. This development follows a significant rise in Macau's gaming-related crime and calls for enhanced collaboration from China's Ministry of Public Security.","focusai_entities":"Chan Chak Mo, Legislative Assembly of Macau, China\u2019s Ministry of Public Security","focusai_location":"Macau, China","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), payments_fraud_aml (0.8), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Impact of New Law","query":"What specific operational adjustments and compliance protocols will Macau-based operators need to implement to mitigate risks associated with the new prohibitions on under-the-table betting and the authorization of undercover enforcement?"},{"label":"Future Money Exchange Law","query":"Given the government's acknowledgment of illegal money exchange's impact and China's call for collaboration, what is the projected timeline and scope for the proposed legislation addressing this activity, and what specific penalties or governance frameworks are being considered?"}],"footnotes":""},"categories":[16338,154],"tags":[23911,23906],"class_list":["post-777016471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-legislation-news","tag-gambling-regulation","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016471","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=777016471"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016471\/revisions"}],"predecessor-version":[{"id":777016502,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016471\/revisions\/777016502"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/24416"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777016471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777016471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777016471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}