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According to a report from Inside Asian Gaming, Zhonglu Zeng is a professor at the Macao Polytechnic Institute’s Gaming Teaching and Research Centre and revealed that the time is now right for the local government to conduct research into the feasibility of licensing small-turnover social gaming and betting operations.com and it reportedly lowered its maximum loss limit to €25,000 (,191) in October before being awarded with the Corporate Responsibility Programme of the Year prize at February’s Global Gaming Awards London 2020 extravaganza.com that his firm had conversely experienced a rise of 10% year-on-year to €79 million (....

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’ However, he explained that the enclave’s government has not yet issued regulations relating to any form of iGaming and has remained tight-lipped when it comes to the possibility of granting associated licenses.Zeng reportedly told Inside Asian Gaming…“I definitely expect that Chief Executive [Ho Iat Seng] will require gaming concessionaires to carry out more responsibilities regarding diversification of the economy as well as adding more non-gaming elements and that these requirements should be written in the new gaming concessions. So, Macau also has the space to explore opportunities for online gaming....

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o at PAF.o at PAF.Zeng reportedly stated…“One of the biggest concerns is that online gaming is forbidden in mainland China....

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Network security could also easily block users from mainland China from accessing Macau’s online gaming platform. So, Macau also has the space to explore opportunities for online gaming. His announcement purportedly comes as the city is preparing the groundwork for a public tender that is set to determine who will be allowed to operate gambling venues beyond the summer of 2022....

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Earnings expansion:Zeng reportedly told the source that legalizing online gambling would allow Macau to bring in much needed tax revenues while simultaneously permitting local casino firms to further diversify their businesses. 5G and the Internet are the ways of the future so Macau should use these to find more opportunities.According to a report from Inside Asian Gaming, Zhonglu Zeng is a professor at the Macao Polytechnic Institute’s Gaming Teaching and Research Centre and revealed that the time is now right for the local government to conduct research into the feasibility of licensing small-turnover social gaming and betting operations....