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Legal System of the Macau gaming industry

Author: LiZhiHong
Tutor: ZhuangShanYu;ZhuSuiBin
School: Huaqiao University
Course: Economic Law
Keywords: Macau gaming Legal System Legal status Supervision Act Legal origin Statutory debt Casino Control policy Supporting role Franchise
CLC: D927.659
Type: Master's thesis
Year: 2000
Downloads: 463
Quote: 5
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Abstract


Since the implementation of the Macau gaming concession system has been nearly seven decades , during this period , the gaming industry in Macao played a major supporting role. Nevertheless, the Macau government to regulate aspects of the gaming industry does not sound legal , while the existing so-called \The current legal requirements in respect of the gaming industry is not outdated contradictory , this is the legal system is not perfect gaming source of problems . Further development of the gaming industry in the protection and to avoid social problems arising under the premise , this article from the reality of Macau's gaming industry , gaming problems in the analysis of the existing legal origin , in order to ensure fair gaming , sustained development , focused on gaming lending and government regulation of these two aspects . In the analysis on the nature of gambling , the proposed special law must be developed , the gambling debts determined by the nature of the bonds authorized to determine the legal status of gaming borrowing . This will not only allow gaming borrowing lower interest rates, but also so that when the gambler can not pay a gambling debt , the creditor can Macao court , and even the location of the debtor to recover court application ; On this basis , in order to attract gamblers convenience , continued participation should be given a loan casino credit functions. Through analysis and comparison of U.S. gambling regulatory policies and its institutions , on the Macau gaming regulatory proposals focused on the following aspects: through open bidding to obtain the right to operate gaming in order to ensure that each operator of gaming can be in fair condition operating under ; on this basis , in order to safeguard the fairness of gambling through legislation casino game rules , gambling odds , and betting tax system , quantitative and collection , and the future development of the Internet casino , put forward the corresponding control principles recommended ; gaming borrowing before determining legal basis , determine the legal status of gambling brokers and regulatory requirements ; as to ensure a fair gaming and sustained development of the gaming regulatory body should be given its administrative, financial independence, determine their own policies as well as gaming has quasi-judicial .

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CLC: > Political, legal > Legal > Chinese law > Local Law
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