Macau: Legislative Assembly prepares to criminalize illegal money exchange activities
Friday 11 de October 2024 / 12:00
⏱ 1 min read
(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
GAT EXPO CARTAGENA 2026
24 de March 2026
Trade Associations and Governments in Latin America: The Gaming Sector Calls for Technical Dialogue and Regulatory Predictability
(Cartagena de Indias, SoloAzar Exclusive).- Cartagena de Indias was the stage for an intense debate on the role of gaming associations in shaping public policy, where regional leaders agreed on the need to strengthen dialogue with governments, warned about unilateral decisions that affect the sustainability of the industry, and proposed an evolution of trade associations into key technical actors in the region.
Wednesday 01 Apr 2026 / 12:00
Technology, AI and Traceability: Keys to the Future of Gaming at the GAT Expo Cartagena Suppliers Panel
(Cartagena de Indias, SoloAzar Exclusive).- Within GAT Expo Cartagena 2026, technology sector leaders analyzed the challenges and opportunities of the gaming industry during the panel “Innovation, Traceability and Control”.
Tuesday 31 Mar 2026 / 12:00
Gamification with Purpose: Andrés Blanco Explains How to Drive Real Engagement at GAT Expo Cartagena
(Cartagena de Indias, SoloAzar Exclusive).- At GAT Expo Cartagena 2026, one of Latin America’s most important gaming industry events, Andrés Blanco, Managing Director and Chief Product Officer at Gamanza Engage, shared his vision of how gamification can become a strategic tool to foster genuine user engagement.
Monday 30 Mar 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.