(4) The Authority may, by notice in writing, require a casino operator to terminate any agreement with an unlicensed junket promoter within the time specified in the notice, and any casino operator which fails to comply with such notice shall be liable to disciplinary action.
(5) Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction—
- (a) in the case of an individual, to a fine not exceeding $150,000; or
- (b) in any other case, to a fine not exceeding $300,000,
and, in the case of a continuing offence, to a further fine not exceeding—
- (i) $15,000, in the case of an individual; or
- (ii) $30,000, in any other case,
for every day or part thereof during which the offence continues after conviction.
(6) The Authority may, with the approval of the Minister, make regulations for or with respect to regulating or prohibiting the promotion and conduct of junkets, the licensing of junket promoters, arrangements for premium players and the obligations of casino operators in relation to junket promoters and premium players.
(7) In particular, the regulations may—
- (a) impose restrictions on who may be approved to organise or promote a junket;
- (b) prescribe the procedure for applications for the approval of the Authority;
- (c) prescribe the fees to be charged;
- (d) require the junket promoter or the casino operator concerned to give the Authority advance notice of the junket and to furnish to the Authority detailed information concerning the conduct of and the arrangements for the conduct of any junket;
- (e) require any contract or other agreement that relates to the conduct of a junket to be in a form and containing provisions approved by the Authority;
- (f) require the junket promoter or the casino operator concerned to give specified information concerning the conduct of the junket to participants in the junket;
