The proposed changes mark the biggest reform in two decades for the world's biggest gambling hub in terms of money wagered.
, and revenue sharing arrangements between the two parties would be prohibited.
Each license holder will have a 30% cap on the amount of shares that can be publicly listed while any major financial transactions must be communicated to authorities. Casino operators will have to draw up a plan to promote responsible gambling, while there will be a maximum number of gaming tables and machines each license holder will be allowed to operate, according to the bill.
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