The Chinese Gaming Inspection and Coordination Bureau (DICJ) regulates casino operations in Macau enclaves. In its recent efforts to better regulate and oversee the world’s richest casino hub, DICJ has expanded staffing by appointing 14 new managerial-level employees.
DICJ’s task is to ensure the Macau government and its massive gaming industry play by enclave rules. Macau has six commercial casinos operators, which compete favorably in the world’s largest gambling hub.
Before the pandemic, Macau’s casinos won $36.5 billion, three-time the amount casinos in Nevada reported the same year. Macau was handed to China by Portugal in 1999. Since then, the Chinese Special Administrative Region has worked to end Stanley Ho’s casino gambling monopoly.
Wynn Resorts, Galaxy Entertainment, and Ho’s SJM Resorts were issued gaming licenses in 2002. Other gaming operators that include; MGM Resorts, Las Vegas Sands, and Melco Resorts were handed gaming privilege later.
In the past decades, DICJ’s supervising task has increased due to the expansion of the six casinos firms from downtown Macau. Macau has also permitted the six casinos to run smaller casinos in hotels throughout the region.
The six Macau casino licenses are set to expire next June. Macau legislators are finalizing new terms for fresh gaming permits. Macau has allotted sufficient funds for DICJ to supervise forthcoming regulatory conditions.