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
G2E - Las Vegas 2025
06 de October 2025
CT Interactive on Innovation, Networking, and Market Growth at G2E 2025
(Las Vegas, SoloAzar Exclusive).- The global gaming industry marked G2E’s 25th anniversary with a major gathering in Las Vegas. CT Interactive stood out for its innovative product development and international growth strategy. Account Manager LATAM at CT Interactive, Roberto Muñoz, shared insights on G2E’s importance, emerging trends, and the company’s collaborative expansion efforts.
Thursday 30 Oct 2025 / 12:00
Atlaslive Explored the Future of Gaming in Latin America at Recent G2E 2025
(Las Vegas, SoloAzar Exclusive).- Bruno Almeida, Head of Sales LATAM at Atlaslive, attended G2E for the first time to explore how land-based and online gaming are converging. His experience highlighted key trends shaping the Latin American market, from immersive casino innovations to strategic networking and regulatory insights.
Monday 27 Oct 2025 / 12:00
G2E 2025: Cristian Galarza, ASAP Director Explains the Importance of Attending the Event
(Las Vegas, SoloAzar Exclusive). - After attending the 25th anniversary edition of G2E in Las Vegas, ASAP’s director shares his perspective on the evolution of the industry, driven by digitalization, efficiency, and the creation of international networks that foster new business opportunities.
Tuesday 28 Oct 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.