Abstract
In Macau, the gaming industry has brought unparalleled prosperity and stability to society since the privilege of running gaming operations was granted to six casino giants by the concession system in 2002, including three gaming enterprises from Las Vegas, Nevada. However, in the light of Article 13 (2) in the Law No. 16/2001, “Legal Framework for the Operations of Casino Games of Fortune,” the gaming licenses will expire in 2022. Meanwhile, the government will draft the new concession contracts and deliberate the issue of whether the six casino operators can continue their business in Macau. Due to the dominant position of the gaming industry in the economy, the issues surrounding the renewal of the gaming licenses are identified as the most significant problem that the Macau government must properly address. To this end, the government has regarded corporate social responsibility (“CSR”) performance of casino operators as an important factor for deliberation and is likely to draft a provision of CSR in the new contracts. This article attempts to explore the possible regulation of CSR assumed by the gaming enterprises by referring to the CSR reports disclosed by the casinos and a range of governmental policies as well as the actual needs of the society, concluding that regulation of CSR should be limited and meet the reasonable needs of society to lead to the sustainable development of the gaming industry.
Recommended Citation
Wenjia Yan,
The Possible Regulation of the CSR of Gaming Enterprises in Macau: Maintain the Current Way and Pursue Sustainable Development,
11
UNLV Gaming L.J.
267
(2021).
Available at:
https://scholars.law.unlv.edu/glj/vol11/iss2/3