Macau’s Public Security Bureau has identified 65 fake casino chips in Q1 2020, with the value of HK$2m ($257,644)
Macau authorities identify fake casino chips worth HK 2m

Macau’s Public Security Bureau has identified 65 fake casino chips inwards Q1 2020, with the time value of HK$2m ($257,644).

In total, 50 of the fake chips were worth HK$10,000 each, and 15 were precious at HK$100,000. Authorities didn’t reveal specific casinos where these chips may experience been used.

The sum up sum total of imitative chips for the 1st quarter is already higher than that for the full year of 2020 when the authorities detected 43 counterfeits precious at HK$1.51m. GGRAsia reports that the difference inward figures was potential related to the Covid-19 situation in Macau and the lack of guests visiting the casinos.

“Despite some retrieval seen recently, the gaming-related offense statistics of the first billet 2021 were non yet relevant,” said the authorities, noting that casinos are ease trying to go back after extended pandemic shutdowns and the flow rate of visitors into venues relieve hasn't reached previous levels.

The story also mentioned authorities recorded 49 casino-related scams during the quarter, 27 of them related to money exchanges.

Macau’s casino industry is ever-changing with the times. There are plans to introduce virtual kwai to the market, and recently, Macau’s authorities proclaimed they will follow holding a public consultation for future gaming laws in the city.

The consultation is scheduled to take localise inwards the 2nd half of the year, but the expected escort should live no later than 15 August, so legislators would have got time to prepare.

“There is non much clip left and we feature a lot of pending legislative act so it would follow firmly to give the conquer conform to up,” said legislator Song Pek Kei. Currently, on that point are sextet conceding and sub-concession contracts that testament expire inwards July 2022, and the public consultation is about the future tense of those licences.