United Kingdom
United States
Asia Pacific
Macau ready to cap casino operations
MACAU – Macau’s casino operators are being told to slow down.
Francis Tam, Macau secretary for finance and economy, has told the casinos that the number of gaming tables in Macau will be capped at its current number of “around 4,000â€.
He also warned that if the six concessionaires could not agree among themselves to cap commissions paid to junket operators at 1.25 percent, the government would have no choice but to step in and regulate the market accordingly.
The freeze is not an indefinite one, Tam added, saying that a major assessment was under way on the state of the city’s gaming industry, and all the operators’ views would be taken into account before a final decision is made.
Destination Macau said the implications of this decision for the Cotai Strip developments were enormous: “Tables will quite literally have to be moved from existing properties on the Macau peninsula out to the new properties being built on Cotai if they are to open with gaming facilities to match the half-dozen massive new hotels slated for opening next year.â€
Ian Jarrett
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Sustainable Tourism: Don Welsh on Community Values and Global Collaboration
Jane Cunningham: Enhancing European Engagement in Tourism
Kristin Dunne: Navigating Destination Strategy
Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM
Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life
Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms
Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand
Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims
TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka
Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
EU airports bring back 100ml liquid rule
British Airways passengers endure 11-hour 'flight to nowhere'
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Co-pilot faints, easyJet flight issues ‘red alert’
Dozens fall ill in P&O Cruises ship outbreak