Good Morning. Following the tawdry revelations that emerged from inquiries into Australia’s Crown Resorts and later Star Entertainment, regulators finally seem to be prepared to get tough. Addisons’s lawyers outline the key proposals put forward in the states of Queensland and Victoria in response to the various probes. They say the amendments reflect a change in approach with the recognition rules need to be more robust and the operators held to a higher standard of accountability.
What you need to know
- Macau’s operators have welcomed the passage of Macau’s amended gaming law, which heralds the first major regulatory change in two decades.
- Macau has locked down the Fortuna Hotel with about 300 guests and 80 employees inside after a staff member tested positive for Covid.
- Genting Malaysia expects the opening of international borders to aid recovery while rolling out more attractions at its SkyWorld park is a focus.
On the radar
- Inspire signs MOU with Samsung for LED signage at Korean resort
- NSW increases operators’ Point of Consumption Tax 15%.
Recent proposals to reform gambling regulation in Australia signal a change in approach and a more robust stance following the scandals that engulfed Crown Resorts and Star Entertainment. Victoria and Queensland have both introduced new Bills into their respective parliaments, with the principal objective being to ensure integrity across the relevant casino regulatory frameworks and to modernize and ensure that casino legislation is fit for purpose. Jamie Nettleton, Brodie Campbell and Georgio Platias of law firm Addisons examine the proposals in the two states.
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