Key points:
- Government to establish cross-bureau taskforce to monitor casino commitments
- Emphasis on developing non-gaming sectors aligned with national priorities
- Satellite casino transition to be managed within legal framework
Macau’s Secretary for Economy and Finance Tai Kin Ip has announced plans to tighten supervision of the gaming sector and guide operators toward greater investment in non-gaming projects.
As reported by Macao Daily, Tai said the Macau Government would establish a cross-departmental working group to ensure casino concessionaires meet their investment pledges. These will be assessed not only for their scale but also for their alignment with Macau’s long-term objectives, particularly support for priority industries in Macau and Hengqin.
Tai noted that despite increased competition from neighbouring gaming jurisdictions, Macau retains strengths such as infrastructure and regional connectivity. However, he stressed that a broader tourism strategy must be developed, including improvements to shopping and consumption experiences. Part of this involves expanding the city’s network of certified ‘integrity shops’ to foster consumer confidence.
In response to comments from legislator Che Sai Wang, who noted difficulties faced by residents in accessing tickets for major events organised by gaming firms, Tai said the Government encourages commercial returns on such activities.
However, he insisted pricing must remain transparent and fair, and invited legislators to submit any evidence of malpractice for review.
On the future of satellite casinos, Tai reaffirmed that the three-year transition period under the legal framework is nearing its end. He said the Government will coordinate necessary measures in accordance with the law and support affected stakeholders through the process.
Tai concluded that the government’s priority is to ensure that gaming remains a regulated industry while fostering diversification to improve overall economic resilience.
