Macau chief welcomes casinos’ plan to use charter flights to receive overseas patrons

Macau chief welcomes casinos’ plan to use charter flights to receive overseas patrons
Macau Chief Executive Ho Iat Seng (circle picture) said that six gaming companies currently have gaming areas for foreigners in 12 places. (Drawing by Allin)

The Chief Executive of Macau, Mr Ho Iat Seng, said he was happy to see that local casinos were planning to use chartered planes to fly overseas patrons to Macau to offset the problem posed by the lack of international air routes in the city.

Mr Ho made the comment on Tuesday (18 April) during a press briefing before the start of a 10-day European tour.

Currently the six gaming operators in Macau have set up designated gaming areas for foreigners in 12 venues in accordance with the requirements in the new gaming contracts, according to Macau’s top leader.

Mr Ho also told reporters that he was confident Macau’s gaming revenues could reach 130 billion patacas this year. However, he conceded that the figure still represented a budget deficit even though it was a rebound from the previous three years.

The Chief Executive declined to comment on the Japanese government’s plan to build its first casino in Osaka when he was asked about the issue.

Mr Ho is leading a delegation of government representatives and local entrepreneurs, including senior executives from the six gaming operators, to visit Portugal, Luxemburg and Belgium – his first foreign visit since taking office three years ago.

The visit is aimed at further promoting trade cooperation between Macau and Portugal, and the Macau government wants to work closer with Luxemburg to globalize the secondary bonds market in Macau.