• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 1 June 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
  • 中文
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
  • 中文
No Result
View All Result
IAG
No Result
View All Result

Macau Legislative Assembly gives general approval to bill governing junkets, satellites on first reading

Pierce Chan by Pierce Chan
Thu 21 Apr 2022 at 05:20
Macau Legislative Assembly gives general approval to bill governing junkets, satellites on first reading
39
SHARES
965
VIEWS
Print Friendly, PDF & Email

A new bill governing Macau’s junkets and satellite casinos passed its first reading after being handed over to the Legislative Assembly (AL) for general discussion on Wednesday, gaining 30 votes in favor and just a single vote against.

The bill, titled Legal Framework for Operating Games of Chance in Casinos, is one of a number of important pieces of legislation related to the gaming industry currently working its way through the AL, with amendments to the Macau gaming law (number 16/2001) expected to complete discussion in June.

At Wednesday’s AL meeting, Ron Lam U Tou, who voted against the junket bill, asked how many “satellite casinos” are still in operation and called on the government to “explain the figures”. He also noted that although the law is aimed at the “healthy development of the gaming industry,” it is unacceptable to make changes that will have a serious impact on the local economy. He stressed that the government should “explain clearly” the changes it is making and that “if the government does not have a clear explanation, he will vote against” the bill.

Macau Legislator, Ron Lam U Tou.

Macau’s Secretary for Economy and Finance, Lei Wai Nong, responded by pointing out that Legal Framework for Operating Games of Chance in Casinos is about clarifying the systems governing junkets. Lei said the government is not stifling the gaming industry but wants to solve its problems. He emphasized that the government could have opted to reclaim Macau’s gaming venues on 26 June 2022, when the current licenses of Macau’s six concessionaires are due to expire, but did not do so. Instead, the government has promised to extend the licenses by six months until 31 December 2022 by which time it plans to have completed a re-tendering for new licenses.

Macau’s Secretary for Economy and Finance, Lei Wai Nong.

On the issue of junkets, Lei mentioned that although there are still a few VIP Clubs in operation, their operations differ from previously and do not operate as junkets had been in recent years.

The Legal Framework for Operating Games of Chance in Casinos regulates the business conditions of gaming junkets, partners and management companies. Among its key changes are laws preventing junkets from accepting cash and chip deposits from customers, establishing a specific crime of “unlawful acceptance of deposits”.

Junkets will also be unable to contract special areas of casinos for gaming, meaning there will be no junket-operated dedicated VIP rooms in the future. At the same time, the law expressly prohibits junkets and concessionaires from sharing casino revenue, and prohibits junkets from working with others on a “split commission” basis.

RelatedPosts

Less than one month remaining to MGS Summit 2022

Macau GGR sets new post-COVID high of MOP$21.2 billion in May

Sun 1 Jun 2025 at 12:53
Robert Goldstein to step aside as LVS Chairman and CEO from March 2026, replaced by Patrick Dumont

Robert Goldstein: Macau gaming market challenged by increased competition, online gambling and US-Sino trade war

Fri 30 May 2025 at 06:42
Macau’s hotel occupancy rate reaches 89% in July

Macau’s hotel occupancy rate climbed to 87.8% in April

Thu 29 May 2025 at 17:27
On the brink

On the brink

Thu 29 May 2025 at 13:27
Load More
Tags: Gaming LawJunketsLegislative AssemblyLei Wai NongMacausatellite casinos
Share16Share3
Pierce Chan

Pierce Chan

With more than five years’ experience working as a journalist in Macau, Pierce is an experienced media operator with strong skills in news writing and editing. He previously worked with Exmoo, first as a reporter covering government, gaming and tourism-related stories, then as a Deputy Assignment Editor helping set the agenda of the day. Pierce is a graduate of the University of Macau.

Current Issue

Editorial – Foreigner-only casinos: Seize the day

Editorial – Foreigner-only casinos: Seize the day

by Ben Blaschke
Thu 29 May 2025 at 13:38

I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...

A moral defense of gambling

A moral defense of gambling

by Andrew Russell
Wed 28 May 2025 at 18:19

Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...

Evolution Asia
Aristocrat
GLI
Mindslot
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

Concerned parties welcome opportunity for high-level discourse ahead of Thai Entertainment Complex Roundtable 

Concerned parties welcome opportunity for high-level discourse ahead of Thai Entertainment Complex Roundtable 

by Ben Blaschke
Sun 1 Jun 2025 at 15:46

This week’s groundbreaking Thai Entertainment Complex Roundtable (TECR) has been described by local participants as a vital opportunity for all stakeholders, including international operators and those concerned about Thai casino legislation, to work together to achieve mutually agreeable outcomes.  In...

Less than one month remaining to MGS Summit 2022

Macau GGR sets new post-COVID high of MOP$21.2 billion in May

by Ben Blaschke
Sun 1 Jun 2025 at 12:53

Macau’s casinos recorded gross gaming revenue of MOP$21.19 billion (US$2.62 billion) in May, making it the biggest month of 2025 so far but also the largest since borders reopened in January 2023. According to information from the Gaming Inspection and...

2022 Asian Gaming Power 50: Ones to watch

Controlling shareholder Ng Man Sun steps down as Chairman, CEO and Executive Director of Century Entertainment

by Newsdesk
Sun 1 Jun 2025 at 12:02

Ng Man Sun, a renowned former Macau junket figure and controlling shareholder of Hong Kong-listed gaming investor Century Entertainment International Holdings, has stepped down as the Chairman and CEO and relinquished his role as a director, the company announced Friday....

Vietnam asks PM to grant approval for US$2 billion Van Don casino development in Quang Ninh province

Vietnam asks PM to grant approval for US$2 billion Van Don casino development in Quang Ninh province

by Newsdesk
Sun 1 Jun 2025 at 11:26

Vietnam’s Ministry of Finance has reportedly submitted a proposal to the Prime Minister seeking approval to push forward with a VND51.5 trillion (US$2 billion) luxury casino-resort development in Quang Ninh province. The project is the same one previously proposed by...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

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

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
  • 中文
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • 中文
  • English