Connect with us


Initial reading of Macau’s gaming credit bill successfully passes



Macau lawmakers have given their approval to the initial reading of a legislation called “Legal Regime of Credit Concession for Gambling in Casinos.” This bill targets the unauthorized provision of credit to gamblers by third parties and intends to enforce stricter regulations in this regard.

The bill, anticipated to take effect in early next year, will now progress to a Legislative Assembly panel for further examination and scrutiny. As per the proposed legislation, only gaming concessionaires and their affiliated junkets will be authorized to extend credit to players. Violation of this provision could result in a maximum penalty of MOP5m (US$620,000).

Management companies, including third-party promoters of local satellite casinos, will be prohibited from engaging in any credit-related activities. By narrowing the scope of credit to authorized entities, Macau aims to reinforce regulation and mitigate potential risks associated with unregulated credit practices.

During the initial reading of the bill, lawmaker Ron Lam U Tou highlighted that gaming operators will be incorporated into the Credit Data Platform, a central system established by banks for credit information. Lam stressed the significance of this integration to gain insights into credit matters concerning junkets, thereby safeguarding the financial system against potential threats.


Jerome, a valuable addition to the Gamingo.News team, brings with him extensive journalistic experience in the iGaming sector. His interest in the industry was sparked during his college years when he participated in local poker tournaments, eventually leading to his exposure to the burgeoning world of online poker and casino rooms. Jerome now utilizes his accumulated knowledge to fuel his passion for journalism, providing the team with the latest online scoops.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Gamingo.News stands as a premier digital destination dedicated to delivering top-tier news and insights in the gaming and gambling industry. This specialized media outlet garners the attention of over 120,000 readers each month, providing them with engaging content, current news, and in-depth analyses.
The platform offers extensive coverage of various facets of the gaming world, including both online and brick-and-mortar gaming, wagering, esports, updates on regulations and compliance, as well as technological innovations. Regular content includes daily news stories, press releases, unique interviews, and comprehensive reports on events.
Moreover, Gamingo.News organizes webinars pertinent to the industry and offers detailed reports, establishing itself as a comprehensive information source for those interested in learning about gaming market operators, suppliers, regulators, and professional services. The portal's main objective is to keep its large audience informed about the latest news, trends, and developments in the gaming and gambling sectors. It focuses particularly on the European igaming market but also covers significant global news, proving to be an invaluable tool for gaming professionals, operators, and enthusiasts.

For inquiries, reach out at:

For editorial or PR submissions, contact:

Copyright © 2024 Gamingo.News.