On Tuesday, Macao introduced a 45-day public session that observers concern will result in tighter laws on the profitable playing business in an extension of the latest crackdown on personal enterprise by Chinese authorities.
The authorities of the semi-autonomous Chinese territory was contemplating modifications in 9 areas, Macao’s financial and monetary secretary Lei Wai Nong instructed reporters. Those areas embody the variety of playing licenses issued and their length, a stronger evaluate mechanism for approving operators, and worker welfare.
“[The Macao] government has decided to conduct a comprehensive review and improvement of the existing legal system on the basis of past regulatory experience, the current situation of the gaming industry and Macao’s economic development,” the assertion mentioned.
— NCS’s Beijing bureau contributed to this text.