Role of junkets to be defined more precisely, with a great deal more official oversight, says lawmaker Chan Chak Mo.
Secretary for Economy and Finance
Gaming industry amendment bill likely to bring radical changes to city’s 42 casinos and their nearly 18,000 revenue-generating tables and slots.
Macao Investment and Development subsidiary Parafuturo invested MOP 890 million in Zhongshan project which has yet to break ground.
Gaming operator looks to mass market for the future, with rival operation expected to follow suit.
Developing the securities market regarded as a major step forward in the diversification of Macao’s economy.
Finance chief Lei Wai Nong urges defunct junket operator to respect staffers’ rights, undertakes to work to boost the economy with more infrastructure projects.
New RMB 597 million customs facilities should be finished by June 2022 and will be an integral part of easing trade between Macao and the mainland.
Secretary for Economy and Finance Lei Wai Nong also hopeful that mainland tour groups will return to Macao in 2022.
After an increase in tourism-related numbers in the first nine months, expanding the spectrum of visitor sources, tourism+ and quality tourism amongst goals for next year.
