Macau gaming regulator to revise junket regulation

Macau gaming regulator said that it would revise junket regulation, implementing tighter rules on accounting and auditing.

Macau’s Gaming Inspection and Coordination Bureau (DICJ) said Monday that the revision on the Administrative Regulation No. 6/2002, which regulates the conditions and procedures for issuing a license to junket operators, will focus on introducing new requirements regarding the capital and shareholding structure of junket operators.

DICJ also considers having the staff in charge of junket’s financial operations to go through suitability check and making information about the gaming promoters available to public such as name of the administration, shareholders, key employees and collaborators, to guarantee the junket’s suitability, leading to more transparency in the sector.

The gaming regulator said on Monday that it would also analyze the city’s gaming regulation in detail, “aiming to improve it and support the sustainable development of the gaming sector”.