Macau gaming law revisions will not apply pressure to employment within the industry: Secretary for Security

Macau’s Secretary for Security, Wong Sio Chak, has released the “Assessment Report on the Impact of the Current Situation of the Gaming Industry in Macau on the Public Security Situation in Macau” for the three months to 31 March 2022, revealing the number of gaming crimes fell significantly to 52 – mainly due to border restrictions caused by the COVID-19 pandemic and subsequent decline in tourist numbers.

However, the Secretary pointed out that due to the continuous spread of COVID-19, which has negatively impacted the gaming industry, unemployment pressure still exists and factors destabilizing the social order in Macau will continue to appear.

“Because the gaming industry is a pillar industry in Macau, various comprehensive problems arising during its development will inevitably have a significant impact on the development of the industry, and may also have an impact on social security and social stability,” the Secretary emphasized.

He also praised changes to Macau’s gaming law currently being discussed by the Legislative Assembly – particularly measures to clarify the future business model of satellite casinos and a proposal to provide tax breaks to concessionaires who successfully attract foreign visitors rather than relying on a single tourism source.

Source: https://www.asgam.com/index.php/2022/05/25/macau-gaming-law-revisions-will-not-apply-pressure-to-employment-within-the-industry-secretary-for-security/