Macau Legislative Assembly Approves New Gaming Credit Law Vanja Mitic Latest Casino and Gambling NewsGaming Law & LegislationGaming Industry NewsEconomy/FinanceMacau April 14, 2024 0From August 1, 2024, a new gaming credit law will come into effect in Macau. After the proposal was submitted,...
Macau government establishes new casino license tendering committee Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsLicensesMacauMergers, Acquisitions & Partnerships July 27, 2022 0The government for the casino-laden enclave of Macau has reportedly established a special committee and tasked it with overseeing the...
Macau gaming tax revenues continuing to slump due to coronavirus Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsCasino openingsGaming Industry NewsEconomy/FinanceMacau July 22, 2022 0The government for the casino-laden enclave of Macau has reportedly warned that there seems to be no immediate end in...
Some of Macau’s ‘satellite’ casinos to close later this month Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships June 8, 2022 0In Macau and Economy and Finance Secretary Lei Wai Nong (pictured) has reportedly announced that some local ‘satellite’ casino enterprises...
Macau lawmakers considering new junket and satellite casino legislation Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships April 21, 2022 0In Macau and legislation that sets out the future governing of junket providers and satellite casinos reportedly passed its first...
Macau casino operators not set to face increase in tax rates Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauTaxationMergers, Acquisitions & Partnerships March 17, 2022 0The six licensed land-based casino operators in Macau are to reportedly not be asked to pay any more tax under...
Macau’s draft gaming bill passes first Legislative Assembly reading Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauTaxationMergers, Acquisitions & Partnerships January 25, 2022 0Yesterday reportedly saw the Legislative Assembly of Macau formally approve the first reading of the enclave’s comprehensive draft gaming bill...
Stark reaction to proposed future Macau casino regulations Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacauMergers, Acquisitions & Partnerships September 15, 2021 0The value of shares in some of Macau’s largest casino operators was reportedly rocked yesterday after the local government released...
Macau’s VIP gaming sector being hurt by coronavirus Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceEmployment & CareersMacau January 29, 2021 0In Macau and a leading government official has reportedly declared that it is an ‘inevitable reality’ that the number of...
Macau legislator looking to discuss upcoming casino license tender Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsGaming Industry NewsEconomy/FinanceLicensesMacau October 26, 2020 0In Macau and a ranking member of the Legislative Assembly has reportedly announced that she would like to meet with...
Macau casino operators excluded from coming economic stimulus package Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsEconomy/FinanceMacau April 9, 2020 0Despite recording an almost 80% drop year-on-year in aggregated gross gaming revenues for March and the operators behind the 39...
Macau government dismisses gaming tax relief suggestion Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacauTaxation March 6, 2020 0In Macau, a leading government official has reportedly detailed that the city has no intention of introducing temporary tax breaks...
Macau casinos to re-open on Thursday following coronavirus shutdown Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino openingsGaming Industry NewsEconomy/FinanceMacau February 17, 2020 0The 39 active casinos in Macau will reportedly be allowed to re-open from midnight on Thursday following the conclusion of...
Macau temporarily closing all casinos to fight ‘Wuhan virus’ outbreak Adam Morgan Latest Casino and Gambling NewsCasino NewsCasino closuresGaming Industry NewsEconomy/FinanceMacauLabor Relations February 4, 2020 0The 41 casinos in Macau are to reportedly be temporarily shuttered for a 15-day period from midnight local time tonight...