Regulating Macao's casino gaming: two decades of development and prospects
Asian Education and Development Studies
ISSN: 2046-3162
Article publication date: 4 August 2020
Issue publication date: 3 March 2022
Abstract
Purpose
The purpose of this paper is to review Macao's gaming regulation from 2001, when competition was introduced into the gaming market, to the present and discuss the potential methods to improve the regulatory system in the future.
Design/methodology/approach
This paper adopts the qualitative approach, investigating and studying the contents, changes and enforcement of the gaming legislations.
Findings
The gaming regulation in Macao has made great progress in the past two decades. Before 2001, the gaming market was monopolized, and the gaming regulation was merely a concession system. Law No. 16/2001, together with the other laws and regulations promulgated later, established a regulatory framework containing rules of suitability check, casino entry, competition, internal control, gaming promotion, credit gaming and antimoney laundering. The implementation of the rules has also drawn attention of the international community.
Originality/value
This paper reviews the gaming regulation in Macao in all its major aspects for the first time and argues that a framework of gaming regulation has been established in Macao although it needs to be improved.
Keywords
Acknowledgements
The author would like to extend my sincere thanks to the reviewers who read the manuscript and advised on how it might be improved.
Citation
Wang, C. (2022), "Regulating Macao's casino gaming: two decades of development and prospects", Asian Education and Development Studies, Vol. 11 No. 2, pp. 287-297. https://doi.org/10.1108/AEDS-02-2020-0030
Publisher
:Emerald Publishing Limited
Copyright © 2020, Emerald Publishing Limited