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ISSUE 118 - Feb 2014
 
 
The Macau property market is changing. Vote. What is your opinion on likely price fluctuations for the second half of this year?
Decline below -10 percent
Decline from 0 to -10 percent
Growth from 0 to 10 percent
Growth above 10 percent
 
 

Govt adamant about ban on gambling outside casinos


Posted: 2/21/2014 12:07:15 PM
Rating:     0% ( votes)
  

The government will ban all slot machine parlours and betting centres outside casino premises, Secretary for Economy and Finance Francis Tam Pak Yuen has reiterated.

“Our goal is to eliminate all slot parlours not situated in casinos,” Mr Tam told the Legislative Assembly.

He said the government’s intention was to impose a similar ban on betting centres outside casinos.

He said the purpose was to avert the adverse social effects of gaming by removing the temptation to gamble from residential areas.

Mr Tam did not say when the bans would be imposed.



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Headlines

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Gaming slump depresses EBITDA 43.5 pct and cuts net revenue to US$617 mln

Chief Executive says welfare measures sacrosanct

Fernando Chui seeks to reassure public about any cuts in govt spending

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