International edition
June 22, 2021

Analysts said it could be quite positive for Cotai development prospects

Macau officials allow growth of table gaming

(Macau).- A recent speech by Macau's top government official and subsequent interviews with Chinese media by the special administrative region's political leaders have signaled hope that potential development projects on the Cotai Strip will be allowed to proceed.

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previous policy address by Macau Chief Executive Fernando Chui discussed slowing gaming expansion in the former Portuguese colony, which is the only place in China where gaming is legal.

However, gaming analysts said recent reports from southern China show the slower pace of gaming growth could benefit MGM Resorts International and Wynn Resorts.

The companies have been linked with hotel-casino projects on the Cotai Strip.

"We view this commentary as quite positive for ... Cotai development prospects," Union Gaming Group Principal Bill Lerner told investors.

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