Tuesday, May 17, 2022

Macau to safeguard tourism, gaming industry: Ho Iat Seng


Macau chief executive-elect, Ho Iat Seng promised to safeguard Macau’s gaming and tourism industries, during a press briefing in Beijing. 

Ho was speaking at a media conference on Thursday, one day after being confirmed as Macau’s next leader during a special ceremony.

Ho said Macau’s “one country, two systems” principle was vital in ensuring the stability of the city and its ongoing prosperity.

Referencing the protests in Hong Kong, Ho said “One can see that Macau has been doing quite well over the past 20 years in the one country aspect, including the enactment of national security law.

“With such legislation, we can prevent interference by foreign influences. If they dare to come to intervene, we will make use of our law to safeguard the “one country”. We won’t allow foreign influences to have a hand in Macau’s affairs, he said. 

“Macau cannot afford to fall into chaos. Macau is a tourism city. Our major revenue comes from tourism and the gaming industry. We need to protect people’s livelihood.”

Speaking about the upcoming gaming concession renewal, Ho said that the draft has already been developed which would be refined and amended once the new administration takes over in December. 

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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