Macau Gaming Licenses Still Frozen, But Citizens Get Cash for Nothing

Macau Gaming Licenses Still Frozen, But Citizens Get Cash for Nothing

Macau’s leader Fernando Chui had news/bad that is good in their end-of-year target to the region (Image: MacauBusiness.com)

Want a Macau casino license? Too bad and take it off your holiday wish list; the country’s main executive has made it specific that no new ones will be forthcoming anytime quickly.

Fernando Chui Macau’s leader told the 2014 Legislative Assembly in his annual presentation that nothing will be changing vis-a-vis the special administrative region’s certification for gaming establishments; the current setup of three concessions and three sub-concessions will stay as is, the same way it has since the area first opened to foreign casino operators in 2003.

Read My Lips: No New Licenses

This despite the reality that do not only is gaming doing business that is booming the Asian enclave, infrastructure improvements and massive capitalization are allowing for millions more mainland Chinese tourists to come over and lose their money. Where visa restrictions once limited the quantity of that time period a national that is chinese come over, no restrictions on variety of visits occur anymore; or at least, they have been no more enforced.

Likewise, although only two casino that is american were supposed to be allowed to build on Macau’s Cotai Strip 2 yrs ago, in fact, three are now into the works: Wynn Resorts, Las Vegas Sands and MGM Resorts all have luxury projects rising there, and ea

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Regulating Enjoy Money Social Gambling Sites: Could It Be Coming?

Regulating Enjoy Money Social Gambling Sites: Could It Be Coming?

Should play money media that are social be regulated like its real money siblings? There are arguments for both edges. (Image supply: Insidesocialgames.com)

The thrill of the casino doesn’t really exist without one key feature: money for most gamblers. The potential risk of losing and thrill of winning money is what drives most gamblers to play at all. But even though that not really a penny that is single at stake, online ‘social casinos’ remain incredibly popular. These games allow players to take pleasure from blackjack, poker, slots, and a host of other games on Facebook and other social news sites for no cost, and millions of players just take part in and enjoy these games every day.

Cash On the Table, Or Perhaps Not?

But while the games may look like gambling and feel just like gambling, the known undeniable fact that there’s no cash at stake on the results of each spin or roll of this dice means they’re perhaps not really gambling. And which means that industry experts believe that there’s no good basis for real-money online gambling regulations to take hold within their field.

‘A social casino is no more gambling than FarmVille or Candy Crush,’ said Paul Thelen, CEO of social gaming company Big Fish. Thelen was talking at the GamesBeat 2013 conference as part of the panel on social video gaming, and regulation was the topic that seemed to come up again and again.

‘The industry is getting its act

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Managing Play Money Social Gambling Sites: Is It Coming?

Managing Play Money Social Gambling Sites: Is It Coming?

Should play money media that are social be regulated like its real money siblings? There are arguments for both edges. (Image supply: Insidesocialgames.com)

The thrill of the casino doesn’t really exist without one key feature: money for most gamblers. The risk that is potential of and thrill of winning money is what drives most gamblers to play at all. But even though that not really a penny that is single at stake, online ‘social casinos’ remain incredibly popular. These games allow players to savor blackjack, poker, slots, and a host of other games on Facebook and other social news sites for no cost, and millions of players simply take part in and enjoy these games every day.

Cash Regarding the Table, Or Perhaps Not?

But while the games may look like gambling and feel just like gambling, the fact that there’s no cash at stake on the outcome of each spin or roll of this dice ensures that they’re not really gambling. And which means that industry experts believe that there isn’t any reason for real-money online gambling regulations to just take hold within their field.

‘a casino that is social no more gambling than FarmVille or Candy Crush,’ said Paul Thelen, CEO of social gaming company Big Fish. Thelen was speaking at the GamesBeat 2013 conference as an ingredient of a panel on social video gaming, and regulation was the topic that seemed to come up again and again.

‘The industry is getting its act together

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