Macau leadership change unlikely to affect casino sector
Friday 23 de August 2024 / 12:00
⏱ 1 min read
(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
PERU GAMING SHOW – PGS 2026
17 de June 2026
Regulation and the Black Market in Latin America: Challenges and Solutions
(Lima, SoloAzar Exclusive).– As part of the Peru Gaming Show (PGS) 2026 conferences, gaming industry leaders analyzed one of the main challenges currently facing regulated markets in Latin America: the growth of illegal gambling. The panel "Regulation and the Black Market: Challenges and Solutions" brought together Carlos Fonseca, CEO of Gaming Law, as moderator; Neil Montgomery, founding partner of Montgomery & Associados; Tatiana Vásquez, founding partner of Vázquez Asociados; Karen Sierra Hughes, Vice President for Latin America, the Caribbean, and Spain at GLI; and Vanessa Cabrera, Director of the Control and Sanction Directorate of the DGJCMT-MINCETUR, who debated the causes of the black market, the available regulatory tools, and strategies to strengthen channeling toward legal gaming in the region.
Wednesday 15 Jul 2026 / 12:00
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(Lima, SoloAzar Exclusive).- Fernando Polti, Founder & CTO of IAG Play analyzes the company's participation in Peru Gaming Show, highlights the expansion of its terminal ecosystem and anticipates the company's next projects to consolidate its presence in Latin America during 2026.
Monday 13 Jul 2026 / 12:00
APADELA and the Future of Sports Betting in Peru Following Regulation
(Lima, SoloAzar Exclusive).- During the Peru Gaming Show 2026, Gonzalo Rosell, President of the Peruvian Association of Online Sports Betting and Related Activities (APADELA), analyzed the current state of the Peruvian remote gaming and sports betting market following the implementation of the regulatory framework. In his presentation, “Current Situation of the Remote Gaming and Sports Betting Industry Post-Regulation in Peru,” the executive highlighted the tax challenges facing the formal industry and called for a review of the selective consumption tax.
Friday 10 Jul 2026 / 12:00
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