Yesterday reportedly saw the Legislative Assembly of Macau formally approve the first reading of the enclave’s comprehensive draft gaming bill and subsequently send the proposed legislation to a sub-committee for closed-door discussions on potential alterations or additions.
According to a report from Inside Asian Gaming, the former Portuguese enclave’s Economy and Finance Secretary, Lei Wai Nong, introduced the outline measure, which is officially entitled Amendment to Law Number 16/2001, to the 33-member Legislative Assembly with the required deliberations now expected to begin after the Chinese New Year holidays.
Sextuple scenario:
Macau is home to over 40 casinos operated by SJM Holdings Limited, Galaxy Entertainment Group Limited, Melco Res…