News Snapshot:
The Macau Legislative Assembly Second Standing Committee today discussed the amendment of Law 16/2001, widely known as the “ Macau Gaming Law ,” with various government representatives, including the Secretary for Economy and Finance, Lai Wei Nong, and the Director of the Macau Gaming Inspection and Coordination Bureau (DICJ), Adriano Ho. During the meeting, government officials explained to Legislative Council members the revised text of the Macau Gaming Law and mentioned that the government intends to introduce tax concessions designed to encourage the recruitment of “foreign” customers to bet in Macau’s casinos. IAG understands that in this context “foreign” means...
