Inside Asian Gaming

IAG MAR 2021年3月 亞博匯 49 專欄 In order to operate an online platform, operators would have to be duly licensed. In a nutshell, this would mean that we could skip the public tender procedure (and therefore the entry of new players in the market would not be dependent on tenders effectively launched by the Macau authorities) and grant a license (not readily available) to those operators that demonstrate they effectively meet the applicable requirements. Such requirements would not be far from the ones required for gaming concessionaires, such as objective “personal”, professional and technical requirements that are checked upon the attribution of licenses. Operators would have to be of good standing and have technical, economic and financial capacity. Structuring plans for their operations/ platforms would need to be submitted; several corporate requirements including exclusivity of scope of business and minimum share capital would be required. Also, homologation, certification and official approval of their gambling technical system would be of paramount importance. From a regulatory standpoint, this would entail the need to implement a new legal framework for the online gaming operations and licensing requirements, and also guidelines and/or regulation for definition and implementation of the technical requirements of the online gaming technical system. Other concerns could also be addressed, like an advertisement rules code of conduct.