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9 million) in 2019 takings from those who had lost up to €8,000 (,701).”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.”...
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So, Macau also has the space to explore opportunities for online gaming.5 million) in profits to help fund its local government’s fight against the ongoing coronavirus pandemic.’ However, he explained that the enclave’s government has not yet issued regulations relating to any form of iGaming and has remained tight-lipped when it comes to the possibility of granting associated licenses....
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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. Network security could also easily block users from mainland China from accessing Macau’s online gaming platform. 5G and the Internet are the ways of the future so Macau should use these to find more opportunities....
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