Good Morning. Reshaping the city in their own image. That appears to be the vision of Macau’s gaming concessionaires, as they reveal their plans to develop specific parts of the peninsula and the proxy area of Cotai. The operators’ bids aim to leverage tourists to new destinations while building up already popular spots, in a plan that the government admits could not take place without the concessionaires’ backing.
What you need to know
- Macau’s concessionaires aim to revamp city, with a structured image of non-gaming, encompassing the peninsula and Taipa.
On the radar
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- 41,000 arrested in Philippines’ anti-illegal gambling operation this year.
- Macau Jockey Club posts losses of $261 million from 2022.
AGB Intelligence
MACAU
Concessionaires reveal development plans for the city
Macau’s gaming concessionaires have pledged their utmost support in developing Macau into its future non-gaming image, with new plans revealing their efforts to redevelop older zones of the city, and drive tourists to new destinations. The plans also leverage Cotai-proxy Taipa, and include outlines to revamp Macau’s floating casino.
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