On Tuesday, Macau announced a 45-day public consultation that observers say will lead to tighter regulations on the lucrative gaming industry in a continuation of the recent crackdown on private companies by Chinese authorities.
The government of the semi-autonomous Chinese territory was considering changes in nine areas, Macao Economic and Financial Secretary Lei Wai Nong told reporters. These areas include the number of gaming licenses issued and their duration, a stricter review mechanism for operator approval and employee welfare.
“[The Macao] The government has decided to conduct a comprehensive review and improvement of the existing legal system on the basis of past regulatory experience, the current situation of the gaming industry and Macao’s economic development, “the statement said.
– CNN’s Beijing office contributed to this article.