..

Macau Beefs Up Casino Rules, More Than Doubles Number of Gaming Investigators

Written by:
Reuters
Published on:
Jun/22/2021

HONG KONG (Reuters) - The world's biggest casino hub of Macau will shake up its casino regulator by more than doubling the number of gaming inspectors and restructuring several departments in its latest move to ramp up supervision.

Start Your Own Sportsbook Today

The executive council that advises Macau's chief executive announced proposals to boost the number of inspectors to 459 from 192 now, as well as creating a new director-level post at the regulator.

The regulations will take effect once published in the city's official gazette, the council said on Friday in a statement on the government's website, with local media saying it was likely to be within a few weeks.

The change comes just months before the expiry of multi-billion-dollar casino licenses that will require operators Sands China, Wynn Macau, MGM China, SJM Holdings, Melco Resorts and Galaxy Entertainment to rebid for new gaming concessions.

A Chinese special administrative region, Macau has massively tightened scrutiny of casinos in recent years, with authorities clamping down on illicit capital flows from mainland China and targeting underground lending and illegal cash transfers.

The regulations will take effect once published in the city's official gazette, the council said on Friday in a statement on the government's website, with local media saying it was likely to be within a few weeks.

The change comes just months before the expiry of multi-billion-dollar casino licenses that will require operators Sands China, Wynn Macau, MGM China, SJM Holdings, Melco Resorts and Galaxy Entertainment to rebid for new gaming concessions.

A Chinese special administrative region, Macau has massively tightened scrutiny of casinos in recent years, with authorities clamping down on illicit capital flows from mainland China and targeting underground lending and illegal cash transfers.

Gambling News

NHL Begins Probe of Sharks Evander Kane Allegations: Bet on Own Games

NHL Begins Probe of Sharks Evander Kane Allegations: Bet on Own Games

Dan Lust via Twitter reports that the NHL announced a full investigation into allegations that Evander Kane of the San Jose Sharks has been betting on his own games with bookies.

2021 NBA Futures Shift, Lakers Now Favored to Win With Westbrook Trade

2021 NBA Futures Shift, Lakers Now Favored to Win With Westbrook Trade

The draft day trade between the Lakers and Wizards that sent Russell Westbrook to L.A. has shaken up the odds board.

Dave Portnoy Big Underdog to Brooks Koepka in Golf Match

Dave Portnoy Big Underdog to Brooks Koepka in Golf Match

Barstool founder Dave Portnoy and major champion golfer Brooks Koepka will compete in a charity golf match on September 7, and according to Vegas, El Presidente will walk away as the loser.

2021 World Series Odds Shift Following Trading Deadline Frenzy

2021 World Series Odds Shift Following Trading Deadline Frenzy

The Dodgers have been World Series favorites the entire season, and their odds got even better following yesterday's trade for Max Scherzer and Trae Turner.

Nevada Casinos See Robust June Ahead of New Mask Mandates

Nevada Casinos See Robust June Ahead of New Mask Mandates

Nevada casinos rode a robust economic rebound from coronavirus restrictions in June, taking in more than $1 billion in winnings for the fourth straight month and nearly reaching the all-time record set a month earlier, state regulators reported Thursday.

Syndicate