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Are Gaming Concessions Obsolete? A Comparative Study Of Macau And Portugal, Jorge Godinho
Are Gaming Concessions Obsolete? A Comparative Study Of Macau And Portugal, Jorge Godinho
International Conference on Gambling & Risk Taking
Abstract
The concept of a concession for the operation of games of chance is the legal basis of the largest casino gaming industry in the world, that of the Macau Special Administrative Region of the People’s Republic of China. This concept, in its modern form, came to Macau in 1961, from Portuguese law, where it was started in 1927.
This paper has two main goals.
The first is to sumarize the evolution of concessions of games of chance in Portugal and Macau, covering the common legal and conceptual basis in both systems, highlighting the similarities and differences, especially regarding the …