Macau: Legislative Assembly prepares to criminalize illegal money exchange activities
Friday 11 de October 2024 / 12:00
2 minutos de lectura
(Macau).- Legislative Assembly ready to criminalize illegal money exchange activities.
The Second Standing Committee of Macau’s Legislative Assembly has completed its discussion on the Bill on Illegal Gaming Offences, which will soon be put to a final vote after the full Legislative Assembly (AL) resumes this month.
The bill introduces a number of new laws to regulate illegal betting offences, including new provisions to allow investigators to conduct night-time and undercover searches for evidence, as well as a new statute to include “money exchange gangs” as a criminal offence.
The Chairman of the Commission, Chan Chak Mo, said the money exchange provision focuses on business whereby any person who conducts illegal currency exchange as a business and where the illegal currency exchange act is for gaming purposes will be in breach of the law.
Chan also emphasized that the bill not only covers casinos but anywhere within the city’s integrated resorts.
‘’The Government has made a lot of changes in the bill,” he said. “At the beginning it did not criminalize the illegal exchange of currency, but perhaps the situation has worsened and the government’s stance has changed.”
Chan added that the Second Standing Committee will refer the bill to the full AL as soon as possible, and that the bill will come into effect on the day following the government’s announcement after the vote.
Categoría:Legislation
Tags: Sin tags
País: Macao
Región: Asia
Event
ICE Barcelona 2026
19 de January 2026
Nadia Popova from EGT on ICE Barcelona 2026:"The new concept of our stand made a strong impression on visitors"
(Barcelona, SoloAzar Exclusive).- In this post-event interview from Barcelona, Nadia Popova, EGT’s Chief Revenue Officer and VP Sales & Marketing shares insights on the company’s standout presence, its “All eyes on us” stand concept, key product highlights, and the strategic partnerships forged at ICE Barcelona 2026.
Friday 20 Feb 2026 / 12:00
Luz Beatriz Jaramillo Serna of 21Viral: “Our presence at ICE Barcelona 2026 was exceptionally positive”
(Barcelona, SoloAzar Exclusive).- Following her participation at ICE Barcelona 2026, Luz Beatriz Jaramillo Serna, Head of Business Development, Marketing and Sales for Latin America at 21Viral, analyzes the commercial impact of the event, the trends set to shape the industry’s direction, and the company’s strategic priorities to consolidate growth across the region and new regulated markets.
Monday 16 Feb 2026 / 12:00
Toni Karapetrov from Habanero on ICE Barcelona 2026: Regulated Growth, Localization and Strategic Expansion Drive 2026 iGaming Strategy
(Barcelona, Exclusive SoloAzar).- In this interview, Toni Karapetrov, Head of Corporate Communications at Habanero, shares insights from ICE Barcelona 2026, highlighting premium content innovation, high-level industry engagement, key iGaming trends such as localization and gamification, and the company’s strategic focus on regulated market expansion and sustainable growth in 2026.
Friday 13 Feb 2026 / 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.