The Legislative Assembly of Macau has unanimously approved fresh gaming credit legislation set to take effect on August 1st of this year.

Macau junkets wrote a letter to the city’s Legislative Assembly to express their opposition to being banned from issuing gaming credit.

Lawmakers in Macau gave their first nod to a new bill regulating gaming credit on Thursday, marking the first step in its passage. Lawmaker Ron Lam U Tou is pushing for more protection for lenders by including gaming operators and junkets in the Credit Data Platform for banks that came into service on January 1st of this year.

Macau's draft bill on casino concessionaire and junket-issued credit for gambling reduces regulatory uncertainties, says a gaming expert.

All satellite casinos will be disqualified from issuing gaming credit according to the new bill on casino concessionaire- and junket-issued credit for gambling. 

Player reinvestment or lines of credit? Operators in Macau are getting out the sets of scales to see how heavily they want to balance each end in order to increase their market share.

Gaming operators in Macau are pulling out all the stops to get customers, with their player reinvestment (PRI) schemes, effectively comping, reaching stunning figures as each vies for market share. Expert Ben Lee notes that the process isn’t new, but that different operators choose different ways to mask their programs.

Australian authorities are taking a massive step, aiming to ban the use of credit cards and crypto in online gaming, with operators who contravene the move facing fines of up to $150,000.

Macau is further tightening its gaming legislation, now mandating that satellite casinos and junket operators are prohibited from offering lines of credit to punters. Under the new changes, only concessionaires themselves, or junkets who have signed credit provision agreements with concessionaires will be able to provide any form of credit to clientele.

Melco Resorts & Entertainment announced its achievement of the government-endorsed certification in Responsible Gaming (RG) with City of Dreams, Studio City and Mocha Golden Dragon recognized as Responsible Gambling Model Units under the Responsible Gambling Indicators project.