• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Saturday 13 September 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Amendment to China’s criminal law could be long-term positive for Macau

Oscar Guijarro by Oscar Guijarro
Thu 15 Oct 2020 at 05:10
Amendment to China’s criminal law could be long-term positive for Macau
65
SHARES
1.6k
VIEWS
Print Friendly, PDF & Email

Inside Asian Gaming CEO Andrew W Scott says the introduction of new laws aimed at further restricting the promotion of gambling in mainland China “could be a long term plus for Macau if it stops mainland Chinese spending money elsewhere.”

His comments were made during a presentation to the British Chamber of Commerce in Macau on Wednesday, where Scott tackled “The 10 biggest questions facing the Macau gaming industry.”

As reported by Inside Asian Gaming earlier this week, the Standing Committee of China’s National People’s Congress is to review a proposed amendement to China’s criminal law that would create a new crime centered around organizing and soliciting by foreign casinos. The amendment would specifically target operations looking to lure Chinese gamblers overseas.

“I totally understand why they would do it,” Scott said. “They’re trying to curb the capital flow going out, just as any other country would do.”

The Chinese government “doesn’t want people to gamble,” he added, “but if they are going to gamble anyway, China at least wants them gambling in Macau where they can keep a closer eye on them. That way the money also stays within China.”

Bernstein analysts Vitaly Umansky, Tianjiao Yu and Kelsey Zhu offered a similar sentiment in a Wednesday note, stating, “When the Chinese government discusses overseas casinos and gambling, this does not refer to Macau casinos. Macau is never discussed in terms of ‘overseas’ or ‘foreign’ as Macau is part of The People’s Republic of China and Macau has a legal casino market that supports much of the city’s economy and provides much of the government’s revenue.”

While such news typically creates near term headwinds for Macau, “in the longer run, we see China’s actions of trying to stamp out illegal online gambling (which has become a severe problem in China) and making it more difficult to gamble overseas as benefit to Macau as it is viewed as a safe place to go for gaming activity within China.”

Scott’s presentation to the British Chamber of Commerce also discussed potential candidates for a seventh Macau casino license, online gambling prospects for Macau and how US-China relations could impact the economy.

RelatedPosts

POST-COVID5: Re-opening mood is growing. What will drive the ramp-up?

Macau gaming tax climbs to new post-pandemic high of MOP$8.31 billion in August

Fri 12 Sep 2025 at 06:20
Artyzen Grand Lapa: Enjoy Macau in the heart of it

MGM China to pay up to US$26 million to Shun Tak in 2025 for use of Macau hotel rooms

Thu 11 Sep 2025 at 21:39
Unhitching Online Poker

Australian government reportedly ready to proceed with gambling advertising reform

Thu 11 Sep 2025 at 14:51
MGTO now expecting new record daily average for visitor arrivals during current National Day Golden Week holidays

Citi: Macau GGR likely to exceed MOP$1 billion per day during October Golden Week, strong events calendar may provide lengthy tail

Wed 10 Sep 2025 at 14:34
Load More
Tags: Andrew W ScottBritish Chamber of CommerceChinaCriminal LawgamblingMacauSanford C BernsteinVitaly Umansky
Share26Share5
Oscar Guijarro

Oscar Guijarro

Oscar Guijarro is Deputy Editor of Inside Asian Gaming. He worked on communication in his motherland Spain until 2010, when a six-month stay in Shanghai turned into a full relocation to Macau some years later. His two-decade experience ranges subjects such as lifestyle, economy and technology from a multi-media approach.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Evolution Asia
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
NWR

Related Posts

Aristocrat in leadership shakeup with former Light & Wonder exec Dylan Slaney to lead online unit, Barry French taking over corporate affairs

Aristocrat in leadership shakeup with former Light & Wonder exec Dylan Slaney to lead online unit, Barry French taking over corporate affairs

by Newsdesk
Fri 12 Sep 2025 at 07:20

Aristocrat Leisure Limited has announced the impending departures of two key executives, with Aristocrat Interactive CEO Moti Malul to step down in March 2026 and Chief Corporate Affairs Officer Natalie Toohey exiting immediately. In an ASX filing, Aristocrat said that...

POST-COVID5: Re-opening mood is growing. What will drive the ramp-up?

Macau gaming tax climbs to new post-pandemic high of MOP$8.31 billion in August

by Newsdesk
Fri 12 Sep 2025 at 06:20

According to data released by Macau’s Financial Services Bureau, the Macau government’s revenue from gaming taxes in August was approximately MOP$8.31 billion (US$1.04 billion), around 2.5% higher than the MOP$8.31 billion (US$1.01 billion) collected in July. The August tax figure...

Artyzen Grand Lapa: Enjoy Macau in the heart of it

MGM China to pay up to US$26 million to Shun Tak in 2025 for use of Macau hotel rooms

by Newsdesk
Thu 11 Sep 2025 at 21:39

MGM China Ltd has revised upwards the maximum fee the group may be required to pay to Hong Kong-listed Shun Tak Holdings Ltd in 2025 for the use of its Macau hotel rooms and associated services by HK$20 million (US$2.6...

IAG EXPO 2025: Interview with Paul Heretakis

IAG EXPO 2025: Interview with Paul Heretakis

by Newsdesk
Thu 11 Sep 2025 at 21:35

Inside Asian Gaming’s Vice Chairman and CEO Andrew W Scott chats with Paul Heretakis, Managing Director of Westar Architects, about his latest projects, including an ongoing renovation of The Venetian Las Vegas and his thoughts on leading integrated developments globally....

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English