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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.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. Macau is a special enclave that allows gambling in China....
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”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 (.com and it reportedly lowered its maximum loss limit to €25,000 (,191) in October before being awarded with the Corporate Responsibility Programme of the Year prize at February’s Global Gaming Awards London 2020 extravaganza. The importance of PAF’s contribution to society appears to be extraordinarily high in situations such as these....
”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.6 million (.6 million (....
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. Network security could also easily block users from mainland China from accessing Macau’s online gaming platform....
