As the most recent legislation news informs, the Macau gambling law is currently under review. The latest amendment gives the Chief Executive of the special region a right to revoke a gambling license if a company violates national security. The other reasons for termination include threats to the public interest, city security, of failure to comply with obligations in the contract.
After the Chief Executive rules to revoke a gambling permit, the Macao Gaming Committee will conduct a review. The gambling operator will be able to appeal the ruling.
All six gambling licensees of the special region support the new legislation.
The president of the committee in the Macau Legislative Assembly, Chan Chak Mo, has highlighted that the decision to revoke gambling permits will be covered by administrative law instead of criminal. The criminal procedures could extend to ten years, which is almost as long as the duration of concessions.
The final reading of the new gambling bill is scheduled for June 2022. The legislation provides for six gambling licenses for a 10-year period and with 3-year extensions.
Macau extends gambling licenses to December 31
In other gambling news, Lei Wai Nong, the local Economy & Finance Secretary, has informed that current casino concessions will be valid until the end of 2022.
For more trending casino news, follow our gambling online magazine – Login Casino.
Read more: How to launch an online casino in Singapore?
Read more: Online gambling in Belgium – Login Casino guide
Diskon paus Result SGP 2020 – 2021. Hadiah terkini lainnya tampak dipandang dengan terstruktur melewati status yg kita tempatkan di website tersebut, serta juga dapat dichat terhadap petugas LiveChat support kita yg menunggu 24 jam Online dapat mengservis segala keperluan para pengunjung. Lanjut langsung sign-up, serta dapatkan hadiah Togel serta Live Casino On-line tergede yang tampil di lokasi kita.