Death by a thousand cuts

The amendment to the Gaming Law has finally been approved, ending a troubled process that began nine months earlier with the launch of a controversial public consultation and without prior consultation with casino operators.

Among the changes introduced, the broadening of the range of financial obligations (fiscal and parafiscal) of future concessionaires stands out.

Although in a normal economic situation, they may make sense, in the current domestic (“zero-economy”) and external environment (with particular focus on the restrictions imposed by Mainland China on citizens wishing to travel for “gambling activities”), they will certainly adversely impact Macanese casino operator’s lives.

Source: https://www.macaubusiness.com/opinion-death-by-a-thousand-cuts/