Law Will Allow Macau to Alter Casino GGR Requirements
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Macau's gaming laws have been the main topic of discussion in the recent period. The government of Macau will have the power to alter the minimum GGR that concessionaires need to reach based on economic conditions.
Law Will Allow Macau to Alter Casino GGR Requirements. Maca's government will set a minimum income requirement per slot and per table game. The government can alter the income requirements depending on the economic conditions in the region. The COVID-19 outbreak had a massive impact on global gambling industry.
The maximum number of gaming tables and slot machines to be operated would be announced by the chief executive.
The chief executive will announce each concessionaire's number of slots and gaming tables. If a concessionary fails to comply with the regulations, a fine between MOP$2 million and Mop$5 million may follow.
The maximum number of gaming tables and slot machines that may be operated by each concessionaire will be announced by the chief executive.
Law Will Allow Macau to Alter Casino GGR Requirements. Reaching the Minimum Required Ggr May Be a Problem, if the Situation Continues. In March, the total G GR of the special administrative region was MOP$3.67 billion ($454 million). In April, it reached Mop$2.68 billion $335 million.
