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Macau Gaming Law revisions: A super deep dive from our esteemed panel of experts

Newsdesk by Newsdesk
Wed 20 Oct 2021 at 06:06
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Everything you wanted to know about the current Macau gaming law revisions, the public consultation process, and what’s coming up for Macau’s casino gaming concession licensing process – but were too afraid to ask!

This detailed 105-minute video panel, broken up into 20 timestamped sections for your viewing convenience, covers every single matter raised in the Macau Gaming Law revision public consultation document issued by the Macau government on 14 September 2021 – and then some.

IAG Vice-Chairman and CEO Andrew W Scott hosts our esteemed panel of three experts: David Green, Chairman of Newpage Consulting, who worked closely with the Macau government during the gaming law liberalization process 20 years ago; Ryan Ho, Lecturer at the Centre for Gaming and Tourism Studies at the Macau Polytechnic Institute; and Rui Pinto Proença, Managing Partner of Macau specialist gaming law firm MdME lawyers.

David, Rui, Ryan and Andrew engage in a lively and informative discussion discussing a variety of points of view on the Gaming Law revisions, and speculate on possible outcomes and scenarios for the Macau gaming industry as it sees what is widely acknowledged as its most momentous change since liberalization back in 2001.

Grab a nice cup of coffee, sit back, and enjoy the whole video as it unfolds, or for those more strapped for time, go straight to the relevant section of the video by using the following timestamps:

TIMESTAMP TOPIC
0:01:10 General backgrounder
0:04:28 Introduction – David Green
0:05:38 Introduction – Ryan Ho
0:06:29 Introduction – Rui Pinto Proença
0:07:24 Public consultation backgrounder
0:09:12 1. Number of licenses
0:18:55 2. Length of license
0:26:30 3.1 MOP200m capital increase
0:28:37 3.2 Local share 10% increase
0:32:51 3.3 Dividends approval
0:42:01 4. Employee protection
0:47:08 5. Junket supervision
0:58:20 6. Government representatives
1:07:01 7. Non-gaming promotion
1:14:48 8. Social responsibility
1:20:44 9.1 Illegal deposits
1:25:50 9.2 Admin sanction system
1:27:20 Matters not in the consultation document
1:34:23 The process from here
1:40:32 Closing comments and wrap

Note: numbers 1 through 9 above refer to the numbered sections in the public consultation document issued by the Macau government.

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Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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