Macau Chief Executive hopeful wants healthy development for casinos

Ho Iat Seng wants to be the next Chief Executive of Macau, and that was his big announcement on June 18. But as GGRAsia reports, he naturally had to answer some tough questions about the casino industry when he said he wanted to run the town.

When asked about the industry, Ho implied that the region’s current six concessionaires have been an engine of economic growth. He said of the industry:

“…has pressurised the development of the small and medium enterprises here, because they [the casino operators] have the advantages in land resources and human resources. So we should foster a healthy development of the gaming industry.”

He didn’t want to go too far in making any promises though. When asked if the current concessionaire process might be changed to allow for more licenses, he responded, “Would it be seven licences, or six, or eight? This is not in my scope of considerations until the gaming law is amended.”