As Macau looks to position itself ahead of the opening of Singapore’s rival integrated resorts, an overhaul of the tax treatment of gambling debts is receiving attention, but issues of compliance and enforcement may dissuade the territory’s new government from making some potentially tumultuous legal changes.
The global gambling industry is in a state of constant flux, evolving and growing at pace. The regulatory landscape requires professionals to stay on top of an increasing volume of complex regulatory demands.
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