Casino Law in Macau: From Competition to Consumer Protection?

Bibliographic Details
Main Author: Pereira, Alexandre Libório Dias
Publication Date: 2010
Format: Other
Language: eng
Source: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Download full: https://hdl.handle.net/10316/28754
Summary: The introduction of competition in the casino marketplace in Macau may improve consumer welfare in the gaming sector, according to the rationale of traditional theories that justify the supremacy of free competition over monopoly in terms of promoting consumer welfare. However, the sensitive nature of casino gambling, regarding the status of consumer irrational choice, could perhaps justify a more protective legal environment from a viewpoint of consumer protection. This is particularly sensitive concerning the liberalisation of casino credit operations, for which no interest rate limit seems to be provided. Another dimension of casino consumer protection concerns the fairness of the game, so that the consumer is granted a reasonable chance to place a winning bet. On-line gaming also places a serious demand for consumer protection.
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spelling Casino Law in Macau: From Competition to Consumer Protection?gaming lawcasinosmacaucompetitionconsumer protectionThe introduction of competition in the casino marketplace in Macau may improve consumer welfare in the gaming sector, according to the rationale of traditional theories that justify the supremacy of free competition over monopoly in terms of promoting consumer welfare. However, the sensitive nature of casino gambling, regarding the status of consumer irrational choice, could perhaps justify a more protective legal environment from a viewpoint of consumer protection. This is particularly sensitive concerning the liberalisation of casino credit operations, for which no interest rate limit seems to be provided. Another dimension of casino consumer protection concerns the fairness of the game, so that the consumer is granted a reasonable chance to place a winning bet. On-line gaming also places a serious demand for consumer protection.2010info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/otherhttps://hdl.handle.net/10316/28754https://hdl.handle.net/10316/28754engPereira, Alexandre Libório Diasinfo:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2020-01-07T10:17:53Zoai:estudogeral.uc.pt:10316/28754Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-29T04:50:52.920576Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv Casino Law in Macau: From Competition to Consumer Protection?
title Casino Law in Macau: From Competition to Consumer Protection?
spellingShingle Casino Law in Macau: From Competition to Consumer Protection?
Pereira, Alexandre Libório Dias
gaming law
casinos
macau
competition
consumer protection
title_short Casino Law in Macau: From Competition to Consumer Protection?
title_full Casino Law in Macau: From Competition to Consumer Protection?
title_fullStr Casino Law in Macau: From Competition to Consumer Protection?
title_full_unstemmed Casino Law in Macau: From Competition to Consumer Protection?
title_sort Casino Law in Macau: From Competition to Consumer Protection?
author Pereira, Alexandre Libório Dias
author_facet Pereira, Alexandre Libório Dias
author_role author
dc.contributor.author.fl_str_mv Pereira, Alexandre Libório Dias
dc.subject.por.fl_str_mv gaming law
casinos
macau
competition
consumer protection
topic gaming law
casinos
macau
competition
consumer protection
description The introduction of competition in the casino marketplace in Macau may improve consumer welfare in the gaming sector, according to the rationale of traditional theories that justify the supremacy of free competition over monopoly in terms of promoting consumer welfare. However, the sensitive nature of casino gambling, regarding the status of consumer irrational choice, could perhaps justify a more protective legal environment from a viewpoint of consumer protection. This is particularly sensitive concerning the liberalisation of casino credit operations, for which no interest rate limit seems to be provided. Another dimension of casino consumer protection concerns the fairness of the game, so that the consumer is granted a reasonable chance to place a winning bet. On-line gaming also places a serious demand for consumer protection.
publishDate 2010
dc.date.none.fl_str_mv 2010
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/other
format other
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://hdl.handle.net/10316/28754
https://hdl.handle.net/10316/28754
url https://hdl.handle.net/10316/28754
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.source.none.fl_str_mv reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron:RCAAP
instname_str FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron_str RCAAP
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reponame_str Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
collection Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
repository.name.fl_str_mv Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
repository.mail.fl_str_mv info@rcaap.pt
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