Macau leadership change unlikely to affect casino sector
Friday 23 de August 2024 / 12:00
2 minutos de lectura
(Macau).- Any leadership shift in Macau will have no “material impact” on the city’s gaming sector, Seaport Research Partners analyst Vitaly Umansky has pointed out.
The gaming analyst stressed in his latest note that the decision to decide who will run the city for the next five years will be taken by Beijing.
“We do not expect any material changes to the gaming industry resulting from a new chief executive,” he said.
“The most likely individual to take the role will be fully vetted and approved by the Chinese government and most likely will come into office with strong Macau government experience and an understanding of the importance of the gaming and hospitality industry to the economic well-being and future development of Macau.”
Macau’s top judge Sam Hou Fai on Thursday expressed his intention to consider a bid to join the chief executive race .
“At this stage, there is no clear obvious candidate for the job, but we expect the eventual chief executive to come from inside the government administration,” Umansky said.
The analyst believes that the city’s new leader is likely to maintain status quo – an objective that will sit alongside other major policy goals including “continued stability” and pushing for “deeper integration into the Greater Bay Area” and “economic diversification”.
Sam, a legal heavyweight with years of legal expertise in areas including in judicial audit, public prosecution, and Basic Law promotion, must now seek at least 66 endorsements from 400 electors in the next stage of the election process.
Categoría:Gaming
Tags: Sin tags
País: Macao
Región: Asia
Event
GAT Expo CDMX 2025
28 de August 2025
Update on Mexico's Gaming and Raffles Law: Experts discuss its present and future at GAT Expo Mexico 2025
(Mexico City, SoloAzar Exclusive).- At the Expo Santa Fe Convention Center, gaming industry leaders analyzed the challenges and opportunities of the reform to the Gaming and Raffles Law, in a panel moderated by Rosa Ochoa of SCCG Management LATAM.
Tuesday 16 Sep 2025 / 12:00
GAT CDMX 2025: Experts Discussed Innovation in iGaming and Sports Betting in Mexico
(Mexico City, SoloAzar Exclusive).- As part of the GAT CDMX 2025 Institutional Academy, leading industry executives met in Mexico City to analyze the challenges and opportunities presented by innovation in online gaming, iGaming, and sports betting. Artificial intelligence, omnichannel, user experience, and the role of streamers were some of the central topics discussed.
Monday 15 Sep 2025 / 12:00
21Viral Strengthens Industry Ties and LatAm Expansion at GAT Mexico
(Mexico City, SoloAzar Exclusive).- At GAT Expo Mexico, 21Viral made a powerful impression through strategic networking, insightful participation, and a clear vision for growth across Latin America. Luz Serna, Head of Sales LatAm (i Gaming), highlighted the event’s rich academic content and the valuable alliances formed with key operators and stakeholders in the Mexican gaming industry.
Monday 15 Sep 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.