Abstract
Purpose: This study aims to examine the problems of the concession system that Macao has long-term adopted to regulate its gaming industry and discuss alternatives. Design/methodology/approach: Theoretical reflection was used to provide qualitatively different insights about governmental supervision of the gaming industry. Findings: Two options for reform are proposed: (1) replace the concession system with a licensing system that does not restrict the number of concessionaires or the period of concession or (2) adopt a modified form of the concession system that changes the number of concessionaires, period of concessions and methods for selecting concessionaires. Practical implications: This study’s results have implications for the Macao government and other gaming jurisdictions in Asia. Originality/value: This study provides a comprehensive examination of the concession system for governmental supervision of the gaming industry.
Original language | English |
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Journal | Asian Education and Development Studies |
DOIs | |
Publication status | Accepted/In press - 2024 |
Keywords
- Concession system
- Gaming regulation
- Licensing system
- Macao
- Reform