Jan 27, 2015,
  Analysis
  Business
  CEO Profile
  Economy & finance
  Editorial
  Education
  Features
  Gaming
  Greater China
  MB Report
  MICE
  News in brief
  Opinion
  Pearl River Delta
  Politics & diplomacy
  Property
  Retail
  Sponsored Articles
  Statistics
  Technology
  Tourism
  Transport
ISSUE 118 - Feb 2014
 
 
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2014?
Decline
Growth above 10 percent
Growth from 0 to 10 percent
Stagnation
 
 

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.



Other Macau Latest News

Academic warns of tension in Pearl River Delta

Says individual development of cities exacerbates big differences in income

Euro fall cuts incomes of civil service pensioners

Portuguese ex-civil servants living in Macau find their pensions buy less

Monetary authority sees gaming slump silver lining

Says dearth of high-rollers is a sign of diversification of the economy

Chui promises Chinese traditional medicine action

Chief executive aims for stronger ties outside Macau to build up industry
Headlines

Estate agents see little growth in factory values

Predict that weak demand this year will slow the rises in prices and rents

Enlarged Galaxy Macau, Broadway Macau open May 27

Galaxy Entertainment exec promises indulgence, style, fun and privilege

Social welfare spending set in stone, says Chui

Chief executive rejects notion of less gaming tax cutting budget provisions

Fatal mishap fails to deter casino-resort operator

Melco Crown determined not to let builder’s death slow shopping arcade work

No Comments

No comments yet.

Sorry, the comment form is closed at this time.

1. Macau’s construction costs second-highest in Asia
2. Beijing’s man in Macau explains gaming slump
3. MTEL’s internet charges may undercut competitors
4. David Group reportedly quitting Macau VIP gaming
5. Melco Crown bets on 400 Studio City gaming tables
 
 US
DJIA
Nasdaq 4,709.86 -61.905
S&P 500 2,036.54 -20.55
 Europe
DJ Stoxx 50 3,372.58 -41.70
DAX 10,628.58 -169.75
FTSE 100 6,811.61 -40.79
 Asia
Nikkei 225 17,768.30 +299.781
Hang Seng 24,807.28 -102.621
STRAITS TIMES INDEX 3,412.20 +13.68
S&P/ASX 200 5,547.20 +45.400
More >>
  Home The Magazine Subscribe Advertising Events MB Specials Contact Us  
Copyright © Macau Business 2010. All rights reserved.