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
00:01:10 General backgrounder
00:04:28 Introduction - David Green
00:05:38 Introduction - Ryan Ho
00:06:29 Introduction - Rui Pinto Proença
00:07:24 Public consultation backgrounder
00:09:12 1. Number of licenses
00:18:55 2. Length of license
00:26:30 3.1 MOP200m capital increase
00:28:37 3.2 Local share 10% increase
00:32:51 3.3 Dividends approval
00:42:01 4. Employee protection
00:47:08 5. Junket supervision
00:58:20 6. Government representatives
01:07:01 7. Non-gaming promotion
01:14:48 8. Social responsibility
01:20:44 9.1 Illegal deposits
01:25:50 9.2 Admin sanction system
01:27:20 Matters not in the consultation document
01:34:23 The process from here
01:40:32 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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