• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Macau security boss on gaming commission a plus: govt

Apr 25, 2016 Newsdesk Latest News, Macau, Top of the deck  


Macau security boss on gaming commission a plus: govt

The appointment of Macau’s Secretary for Security, Wong Sio Chak (pictured), to the city’s Gaming Commission is a “positive” regarding the regulating of the gaming industry and the maintenance of public security, “especially when the industry is developing in a new phase,” said the Secretary for Economy and Finance, Lionel Leong Vai Tac in comments on Saturday.

The phrase “developing in a new phase” is understood to refer to policies of the Macau authorities and China’s central government that seek to diversify the local economy beyond its reliance on casino gambling, and to moderate the pace of growth in the casino gambling that still goes on there.

Mr Leong was speaking on Saturday on the sidelines of the inauguration for a new grouping called the Macao Association of Young Employees in the Gaming Industry. Mr Leong was responding to questions from local media as to the significance of Mr Wong’s appointment to the Gaming Commission.

The commission’s purpose is to research gaming, draft gaming policy, and to monitor and create guidelines for the industry, according to the executive order that established the body. The role of chairman is taken by the chief executive of the city.

The city’s regulator of gambling operations undertaken in the city – the Gaming Inspection and Coordination Bureau – said on April 1 that total casino gross gaming revenue (GGR) for the first three months of 2016 had contracted by 13.3 percent year-on-year. For the whole of 2015, such revenue fell 34 percent year-on-year, weighed down said investment analysts by factors including China’s anti-corruption drive and the mainland’s slowing economy.

Mr Leong also added in his Saturday comments that the government would continue to communicate with representatives from the city’s VIP gaming promoters – regarding the review of the capital rules for junkets and the vetting of the backgrounds of those wishing to be gaming promoters.

The addition of Mr Wong to the Gaming Commission means that four out of Macau’s five governmental secretaries now sit on the body. The only secretary not on the body is the Secretary for Social Affairs and Culture, Alexis Tam Chon Weng.

All eight members of the body  are from the government and public administration sector. The head of the gaming bureau is one of them.

The government created the Gaming Commission in 2000. It played a big part in the liberalisation of Macau’s gaming industry.

The body was totally revamped in February 2010, after being dormant for some time. The government changed the membership of the commission, appointing a greater number of senior officials than had previously been on board. However, since that change, according to a review by GGRAsia of publicly available sources, the body has neither held any meetings that made the news nor published any public reports.


  • tweet
Related articles
  • Macau casino ops supportive of staff, as promised: Lei
    Macau casino ops supportive of staff,...

    Dec 02, 2020  

  • Macau got 97 illicit bet, fraud sites down in 2020 says govt
    Macau got 97 illicit bet, fraud sites...

    Nov 19, 2020  

More news
  • Aristocrat to launch EGM-based responsible gaming features
    Aristocrat to launch EGM-based...

    Feb 26, 2021  

  • Suncity to open clubs at Londoner Macao, Lisboa Palace
    Suncity to open clubs at Londoner...

    Feb 26, 2021  


Latest News

Aristocrat to launch EGM-based responsible gaming features

Aristocrat to launch EGM-based responsible gaming features

Feb 26, 2021  

Casino slot machine maker and digital games provider Aristocrat Leisure Ltd says it plans to launch in the first quarter this year a new product with responsible gaming features, which has already...
Read More
Suncity to open clubs at Londoner Macao, Lisboa Palace

Suncity to open clubs at Londoner Macao, Lisboa Palace

Feb 26, 2021  

Tech supplier Crane ups forecast for 2021 core sales

Tech supplier Crane ups forecast for 2021 core sales

Feb 26, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Partners

Pick of the Day


US$53.4 million

Adjusted EBITDA reported by Asian casino operator Melco Resorts and Entertainment for the fourth quarter of 2020



Most Popular

  • Macau casino GGR soared in final days of CNY: brokeragesMacau casino GGR soared in final days of CNY: brokerages February 23, 2021
  • Pansy Ho sells off more stock in MGM Resorts for US$36mlnPansy Ho sells off more stock in MGM Resorts for US$36mln February 23, 2021
  • Macau removes last mainland cities from its quarantine listMacau removes last mainland cities from its quarantine list February 23, 2021
  • GEG in US$1.6bln construction deal on Galaxy Macau Phase 4GEG in US$1.6bln construction deal on Galaxy Macau Phase 4 February 22, 2021
  • Macau VIP challenged by changes in China: Galaxy Ent bossMacau VIP challenged by changes in China: Galaxy Ent boss February 25, 2021
Copyright 2014-2020 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us