Advertisements – Advertising at The News And Times – advertising-newsandtimes.com | WE CONNECT!

Audio | Video | Top News | On Twitter | Security | FBI | Capitol Riot | JOSSICA | Trump | Russia | Putin | Russia – Ukraine War | Covid-19 | Brooklyn NY | Puerto Rico | World 

The Russia News Review

July 2, 2022 4:45 am

The News And Times | Featured Posts | All Articles | Current News | Selected Articles | Shared Links | Opinions | In My Opinion | Sites | Blogs | Links | Twitter | Facebook

Categories
Russia News

Voice of America: Macau Legislators Pass Landmark Casino Reform Bill

Advertisements | Advertising at The News And Times - advertising-newsandtimes.com | WE CONNECT!
Spread the News

Listen to this article
Legislators in Macau approved a landmark casino bill on Tuesday, the biggest reforms in more than two decades, ahead of an expected casino license bidding process in the world’s biggest gambling hub.

Advertisements | Advertising at The News And Times - advertising-newsandtimes.com | WE CONNECT!

The changes – marking the first major reforms since casinos were first liberalized in 2002 – mean far greater oversight and control by the government into casino operations in Macau.

The vote came as the Chinese special administrative region carries out mass COVID-19 testing of its more than 600,000 population after dozens of locally transmitted cases were found in recent days.

A hotel and casino resort on Macau’s main peninsula was locked down by authorities on Tuesday due to a coronavirus infection, with some 700 people forced to quarantine.

Macau’s legislature released a final draft of a highly anticipated gaming bill last week, fixing casino tax to 40% from 39% currently and giving officials far greater oversight into casino operations.

The 55-page document, released in Portuguese and Chinese on the legislature’s website, comes as the government is due to formally sign a six-month license extension for casino operators this week.

10070000-0aff-0242-40f3-08da537d0a7a_w80

4015160 Voice of America


Spread the News
Advertisements | Advertising at The News And Times - advertising-newsandtimes.com | WE CONNECT!
WP Radio
WP Radio
OFFLINE LIVE