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Macau to limit junket market and review casinos every three years in unveiled gaming bill

January 19, 2022
Source: yogonet.com yogonet.com
News Snapshot:
Macau’s Legislative Assembly has published the draft of the world’s largest gaming hub’s new gaming bill. Shared on Tuesday, the 44-page draft document details officials' plans of tightening casino control over casino firms and the controversial junket market. It marks the biggest reform in two decades for the Chinese enclave. The document has been published in both Chinese and Portuguese, reports Reuters. It sheds light on the situation of current licensees: as the government previously announced, new licenses will be capped at six, with license terms halved to 10 years. The permits of the current six operators are all due...
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