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Macau Internet gambling law confusing

Posted 3/3/11 : Conference discusses legality of online gambling on offshore gambling island
 
The iGaming Asia conference, currently running on the Chinese offshore island of Macau, considered the legality of online gambling, reports the Macau Daily Times, which came to the conclusion that the autonomous region has no specific law for online gaming.
 
Such a deficiency may make it easier for an illegal industry to thrive, executives at the conference opined.
 
"Although there is legal online gaming in MSAR, there is no special law on this issue," Gaming Inspection and Coordination Bureau (DICJ) legal advisor Duarte Chagas explained.
 
He admitted that this situation could cause “confusion”, because on the one hand, online gaming is considered fraud and casino operators are not authorised to launch online games, while on the other, it is possible to use the Internet to bet on local greyhound and horse races, as well as to bet on overseas football and basketball games.
 
The newspaper recalls that over a year ago a DICJ official revealed that the Macau government was “...studying the feasibility of drafting a law for regulating online gambling”, although “no specific timetable for the enactment of the online gambling law is set as it is still in the preliminary drafting stage."
 
Cagayan Economic Zone Authority administrator Jose Mari Ponce from the Philippines told the newspaper that regulation was essential for the protection of both investors and players. He said that the lack of such regulation in the Asian region was preventing the industry from accessing the considerable potential of Asia.
 
“The current outlook is that online [gambling] is a competitor of land-based gaming. I don’t agree. I believe it’s a way to open up a wider market,” Ponce said, noting that for his organisation regulation had been a success. Around 40 companies were licensed, and the yearly wins involved substantial amounts of money on which a five percent income tax is levied, and one percent of all wins is paid to local authorities for developmental projects.
 
The director for Asia of online gaming company Betsson, Magnus Grinneback, agreed. “You should regulate it. There is no point in trying to stop it,” he said, pointing out that even the European Union is preparing a pan-European regulatory framework.

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Gambling News :

Pokerstars Bahamas Main and High Roller Results - The inaugural PokerStars Championship Bahamas saw two big winners crowned this weekend when Christian Harder won the main event for $429,664 and Luc Greenwood took home $779,268 after taking down the $25,750 High Roller event.

Rodrigo Duterte has identified illegal gambling as his third priority - Illegal online gambling operators can anticipate tougher times in the Philippines following a directive from President Rodrigo Duterte that stamping out illegal gambling is his third most important goal after illegal drugs and government corruption.

High Hopes For Pennsylvania Online Gambling - Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports.

WILLIAM HILL ACCUSED OF QUESTIONABLE MARKETING TACTICS - British Labour member of parliament for Swansea East, Carolyn Harris, has described as "appalling" player-poaching techniques allegedly encouraged by the online and land bookmaker William Hill plc.

GoWild has announced the launch of its own new gaming platform - The European online gambling group GoWild has announced the launch of its own new gaming platform, providing entertainment in addition to its Microgaming games, which will now be delivered via the Quickfire platform.

UK Government Introduces Mandatory horseracing levy - The levy kicks in after the first GBP 500,000 in gross revenue has been earned by online and retail bookmaking firms and other betting organizations.

Chinese Arrested in Philippines Invalid - Representing the thirty-nine plaintiffs, defense lawyer Irene Bianca B. Distura claimed that the warrant that led to her clients’ apprehension is “invalid.”

NJ Warns No Federal Online Gambling Ban - New Jersey Senator and gubernatorial candidate Raymond Lesniak warned that any attempt to overturn a 2011 Department of Justice opinion that the federal Wire Act exclusively governs sports betting would be met with a hard-nosed reaction from his state.

Casino du Liban To Launch new online gambling platform - The venture will be in partnership with an unnamed international company, and a tender has already been launched with a deadline of January 19 to submit the proposals.

Winstar slot Pays Big Jackpot - One very fortunate online punter in Bermuda has scored a major win on the Winstar slot at the PokerStars online casino, collecting a $825,037 jackpot.

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