Macau Chief Executive Ho Iat Seng ‘Confident’ Regarding Local Casino Industry

Macau Chief Executive Ho Iat Seng remains confident that the region’s six casino operators will win, at minimum, MOP130 billion (US$16 billion) off of their gamblers this year.

Gross gaming revenue (GGR) continues to rebound after China President Xi Jinping in late November lifted “zero-COVID,” the policy that prompted lockdowns in the event of new coronavirus outbreaks. The strict scheme kept life on hold in the Special Administrative Region (SAR) for much of the past three years.
 
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