Lottery service and casino equipment provider Scientific Games Corporation (NASDAQ: SGMS) does not anticipate any negative impact to result from amendments proposed to Macau’s Administrative Regulation No. 26/2012 on the “Regime for the Supply and Requisitioning of Gaming Machines, Equipment and Systems,” according to the Asia equipment maker’s vice president Ken Jolly, reports GGRAsia.
The director of Macau’s Gaming Inspection and Coordination Bureau, Paulo Martins Chan, said on Tuesday from the sidelines of the MGS Entertainment Show 2017 at the Venetian Macao, that they plan on submitting the amended administrative regulation to the Executive Council early next year.
Of the ideas being considered in the revision, two include the enforcement of stringent requirements on gaming machine certification and the introduction of penalties should violations of the administrative regulation occur.
Jolly reportedly told GGRAsia that the DICJ’s proposed changes won’t affect the Las Vegas-based company too much; “All of the [proposed] changes – from the point of view of new product, demonstrating machines and so on – are all pretty well in line with what we are already doing,” said Jolly.
Jolly went on to explain, “From a company point of view, we like good regulation in a market, and the government does need to address changes in regulation that need to be updated to suit the market needs,” according to the online news service.
Earlier this month, Scientific Games went live with its latest generation, omni-channel lottery gaming system for Canada’s Atlantic Lottery. The new system features the firms’ secure, cross-platform Player Account Management system and along with traditional lottery retail sales, supports internet and mobile gaming sales in the provinces of Nova Scotia, Newfoundland and Labrador, Prince Edward Island and New Brunswick.