Importance of the gaming sector justifies increased CEO powers to regulate industry – Committee head
Monday 21 de March 2022 / 07:03
2 minutos de lectura
(Macau).- The importance of the gaming sector to Macau’s economy justifies the increased powers granted to the SAR’s Chief Executive in the new gaming law bill to regulate the industry, the head of the Legislative Assembly committee currently scrutinising the law said Thursday.

The proposed gaming law amendment provides the Macau CE with vast discretionary powers to unilaterally revoke gaming concessions in several instances of breaches to national security and other administrative sanctions, such as failure to communicate major financial decisions or in fulfilling other contractual obligations.
“In my opinion, this is a special law. The gaming sector is extremely important to Macau, considering the number of job positions. Taking into account the changes in the worldwide situation and the concerns surrounding national security I think it is proper to give more powers to the CE,” legislator and committee chairman, Chan Chak Mo said.
The AL second standing committee held its 11th session today with government representatives to discuss the proposed gaming law amendment.
A new item in Article 1 of the bill indicates that casinos must operate under the premise of maintaining the security of the nation and the SAR, with any decision by the CE to revoke gambling licenses for national security violations able to proceed without going through judicial procedures.
“Before it was impossible to cover this. If the concessionaire partners with foreign powers authorities will be able to act. The concessionaire will still be able to appeal the decision to the courts. The CE will also consult the Specialized Commission for Casino Games before a decision,” Chan noted.
The commission created in 2010 is responsible for studying the development and administration of the gaming sector, as well as defining the respective policies. It includes the CE plus three Secretaries and the Gaming Inspection and Co-ordination Bureau (DICJ) director.
Inquired if the commission could include in the future a
member of the representative office of the State Council of the People’s Republic of China in Macau, Chan only said he “personally did not think” a liaison office representative would be added.
In case a gaming concession is revoked, all gaming areas under the concession would revert to the Macau SAR government, including those in non-completed development projects.
According to Chan authorities are considering altering the current requirement that if failing to obtain a gaming license or seeing the license revoked, concessionaires would have to file for dissolution, so as to allow the companies to continue operating their non-gaming sectors.
“After 20 years since the first concession public tender, all concessionaires engage in many different businesses so the operator should be able to continue its non-gaming operations. The government will decide if they can change their status,” Chan added.
Categoría:Casino
Tags: Sin tags
País: Macao
Event
SBC Summit Americas 2025
13 de May 2025
Uplatform Aims to Redefine iGaming Success with Networking, Localization, and Customer Journey Mapping
(Fort Lauderdale, SoloAzar Exclusive).- At SBC Summit Americas, Uplatform emphasized the power of strategic networking, data-driven localization and CJM to help operators thrive in the competitive iGaming market. María, Head of Marketing, shares how understanding regional nuances and focusing on overlooked player touchpoints can elevate brands from mere presence to lasting trust. Dive into her insights on industry trends, innovation, and why creativity is a rare gem in expos.
Monday 16 Jun 2025 / 12:00
ProntoPaga Drives the Fintech Revolution with SmartPIX and SmartRouting in LATAM
(Fort Lauderdale, SoloAzar Exclusive).- Evans Concha, CTO and Founder of Pronto Paga, shared the main innovations launched this year and how they impact the regional fintech industry. With a firm commitment to new technologies and cybersecurity, the company is positioning itself as a leader in the sector. Discover how it is redefining the future of digital payments in this article.
Friday 13 Jun 2025 / 12:00
Pay4Fun consolidates its position as a 100% Pix Payment Gateway and expands its reach in LatAm
(Fort Lauderdale, SoloAzar Exclusive).- Pay4Fun strengthens its position as a 100% Pix payment gateway with direct integration with the Central Bank, guaranteeing maximum security and efficiency in transactions. At SBC Summit Americas, Leonardo Baptista highlights the role of networking and innovation in an environment where technology and regulation are key. Discover how Pay4Fun is shaping the future of digital payments.
Thursday 12 Jun 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.