MACAU BUSINESS
bennymarty/Adobe Stock
“I believe that conceptually the current law can last for many years from now”
jurisdiction, the SAR began to be regarded as an indispensable reference for regions and countries around the world when preparing laws and regulations. “The Macau Gaming Law served as a reference to many jurisdictions,” states António Lobo Vilela, who has been serving as legal advisor to the Secretary for Economy and Finance since 2016. Throughout the volumes, one comes across a number of
notes on comparative law, which highlight the city as a key legal reference, as in those countries, “most of the articles are very similar to those in Macau or the legal principles follow very closely those of the Macau gaming law.” The resilience of the city’s gaming legal regime is lauded by
Grant Bowie, in the Preface to Volume IV: “The legal framework has come under much stress, but despite this and with only a small number of significant new laws the system has evolved robust & sustainable platform to regulate the industry in Macau.”
As the Government is gearing up to amend the gaming law
and prepare the public tender, which will determine the future of the city’s casino industry in 2022, key questions loom: Is the current gaming law still suitable to meet the new reality of the SAR’s development strategy and the future direction of the gaming industry? How much of it and in which areas should there be changes? Without going into specifics or particular aspects of the legal
framework, when addressing structural features of the law, Mr Lobo Vilela holds a clear-cut view. “I believe that conceptually the current law can last for many years from now.” Given that “it proved to be globally a good law,” the legal expert stressed to Macau Business that moving on with structural changes “would not only be unnecessary but also a mistake.”
This four-volume work published by PC Consulting Limited can be acquired via:
https://www.macaugaminglaw.com
JANUARY 2021 21
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46
