- The Lobby
- Extra Times
Ambrose So praises Policy Address
SJM Holdings’ chief executive officer Ambrose So said yesterday that the 2011 Policy Address has sufficiently touched on the control of the gaming industry’s development, Radio Macau reported.
Secretary for Economy and Finance Francis Tam Pak Yuen has announced that the gaming tables in Macau will be capped at 5,500 until 2013, and only an annual growth of three to five percent will be allowed thereafter.
So said the restriction will not affect the business expansion plans of various gaming operators.
According to the executive, each gaming table in Macau currently serves no more than 50 patrons per day, indicating a “certain distance” when compared to the early period of the market liberalisation where nearly 100 patrons were recorded, Radio Macau reported.
Hence, So said he believed the six gaming operators are able to “better allocate the gaming tables” for the benefits of operations.
Responsible Right of Expression — In the interest of freedom of expression, coupled with a true sense of responsibility to encourage community dialogue, the Macau Daily Times offers its readers the opportunity to express their opinions on new-related matters through this website. All opinions are welcome. However, we reserve the right to remove comments that are deemed to be obscene, or are merely insults written under the cloak of anonymity. MDT
- MACAU - Scholar criticizes gov’t tourism management
- ART: Homegrown designers create posters to promote local culture
- City’s oldest Chinese theater renovation to finish in 2015
- Chamber of Commerce visits Francis Tam
- JUSTICE: Court rejects lawsuit against Health Bureau
- Macau “in a unique position to design a social welfare system”
- Rotary donation day calls for rare blood donors
- Macau Engineers Association hosts 2nd Congress
- ANM urges postponing uni joint admission
- UM’s Career Fair offers over 2,300 jobs
- Jagger and Watts try out some Portuguese food
- “Paint the Idea” exhibition at Tap Seac Gallery
- CRIME: Gambler arrested over HKD1 million aggravated fraud case
- IC launches Polish poetry book in three languages
- PSP claims traffic ticket error corrected