VIP play now accounts for less than half of gross gaming revenue (GGR) in Macau. Five years ago, high roller private rooms were where 66 percent of a casino’s win originated.<\/p>\n
The IMF, along with Macau Liaison Office Director Fu Ziying who represents the enclave in Beijing, says the mass market is the key to Macau’s economic prosperity in the long term. Last year’s opening of the Hong Kong to Macau bridge makes the enclave a much more accessible region.<\/p>\n
\nIt also provides the two SARs with a “historic Greater Bay Area opportunity,” so says Fu. The liaison said this week that the regions should “grab opportunities, develop new advantages, perform new functions, achieve new development, and achieve new contributions.”<\/p>\n<\/blockquote>\n
The officer says the principle goal is to embrace the “One Country, Two Systems” mission where the administrative regions retain their own governances and take responsibility for their economies.<\/p>\n","protected":false},"excerpt":{"rendered":"
Macau lawmakers have dismissed a proposal introduced by the Legislative Assembly’s youngest member that sought to limit the number of visitors permitted into the gambling hub each year. Last month, 27-year-old Assemblyman Sulu Sou presented the legislature with a bill that requested that the chamber review the increasing number of travelers coming to the region, […]<\/p>\n","protected":false},"author":25,"featured_media":101105,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13],"tags":[],"acf":[],"yoast_head":"\n
Macau Lawmakers Reject Proposal to Limit Enclave Visitor Arrivals<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n