Government announced measures to restrict gaming tables growth
Pansy Ho shows support for new table limit in Macau
(Macau).- MGM China Holdings chairperson Pansy Ho Chiu King showed support on Saturday for the government’s new gaming table cap, to be introduced in 2013. “This is a very prudent way to regulate.
2011-11-01
Reading time 32 seg
(Macau).- MGM China Holdings chairperson Pansy Ho Chiu King showed support on Saturday for the government’s new gaming table cap, to be introduced in 2013. “This is a very prudent way to regulate.
That is exactly the issue. While policies have helped promote injection of capital and growth there must also be some balance,” Ms Ho told Portuguese news agency Lusa.
Ms Ho then said, “a certain balance has been found, or at least a view upon which everyone agrees on how the market should be regulated”.
In September, the Macau government announced it would restrict the rate of gaming tables growth to no more than 3 percent per year after 2013. The restrictions will last at least 10 years.
In 2010, the government already implemented a gaming table cap of 5,500 until 2013.
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