Macao Authorities Consider Legalizing Online Gambling
Macao Bureau of Inspection and Coordination of Gambling (DICJ) has confirmed that the authority is considering legalizing online gambling. games in this region. The agency is conducting a study that examines and analyzes the problems of this sector in other jurisdictions.
If studies prove that this sector of entertainment services can be legalized, then, according to a number of specialized media, many leading operators in the industry will be ready submit the appropriate applications as early as the beginning of next year.
DICJ Director Adriano Ho believes that the legalization of online gambling will increase Macau's tax revenue by expanding the operator base. However, some local lawyers note that this decision could lead to an increase in money laundering and problem players.
Despite the warnings, the regulator is optimistic about the possibility of developing this industry. The DICJ office is confident that they will be able to ensure the protection of customers who will play online.
Recall that the shares of gambling operatorsambiguously reacted to the new Covid vaccine -19.