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8 million) respectively.Earnings expansion:Zeng reportedly told the source that legalizing online gambling would allow Macau to bring in much needed tax revenues while simultaneously permitting local casino firms to further diversify their businesses.9 million) in 2019 takings from those who had lost up to €8,000 (,701)....
o at PAF.Zeng reportedly told Inside Asian Gaming…“I definitely expect that Chief Executive [Ho Iat Seng] will require gaming concessionaires to carry out more responsibilities regarding diversification of the economy as well as adding more non-gaming elements and that these requirements should be written in the new gaming concessions.According to a report from Inside Asian Gaming, Zhonglu Zeng is a professor at the Macao Polytechnic Institute’s Gaming Teaching and Research Centre and revealed that the time is now right for the local government to conduct research into the feasibility of licensing small-turnover social gaming and betting operations....
Successful signs:Jan-Mikael Von Schantz (pictured), Chairman for PAF, reportedly told GamblingInsider.Fahlstedt’s statement read…“We believe in openness and that openness gives strong credibility to discussions about responsible gaming. He moreover purportedly detailed that the operator’s annual gross gaming revenues and profit had both increased by 4% to reach €102....
Macau is a special enclave that allows gambling in China.”Coronavirus campaign:For his part and Christer Fahlstedt, Chief Executive Officer for PAF, reportedly proclaimed that the online casino operator would now be handing over some €40 million (.5 million) in profits to help fund its local government’s fight against the ongoing coronavirus pandemic....
It is just a technical issue.”Existing edicts:Carlos Eduardo Coelho from local legal firm MdME Lawyers reportedly told Inside Asian Gaming in March that Macau’s gaming regulations from 2001 already allow players to enjoy gambling via ‘telephone, fax, Internet, data networks and video or digital data transmission.Reportedly read a statement from Von Schantz…“We would like to express our sincere thanks to the management and staff for their excellent work....
