New Draft Bill Published by the Macau Legislative Assembly Outlines Upcoming Changes in Gambling Law

New Draft Bill Published by the Macau Legislative Assembly Outlines Upcoming Changes in Gambling Law

On January 18th, the Legislative Assembly of Macau published the draft bill called “Amendment to Law No. – Legal framework to the exploitation of games of chance in casinos”. The proposed changes, which would have to be approved by the local Legislature before being turned into law, bling regulations in the world’s largest hub.

The move comes ahead of the renewal of the bidding process for the six casino operating licenses in the special administrative region. Also, the Legislative Assembly published the draft bill only days after the Government lifted the curtain on a number of key issues, including the number of concessions that would be granted by the authorities after the current casino permits expire in , as well as the duration of the new casino licenses. (mais…)