{"id":777000398,"date":"2022-11-24T08:27:23","date_gmt":"2022-11-24T11:27:23","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777000398"},"modified":"2026-04-23T02:41:01","modified_gmt":"2026-04-23T05:41:01","slug":"macau-aims-to-leave-behind-its-reputation-as-a-city-for-gambling","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-aims-to-leave-behind-its-reputation-as-a-city-for-gambling","title":{"rendered":"Macau aims to leave behind its reputation as a city for gambling"},"content":{"rendered":"\n

Macau’s secretary for economy and finance has stressed the importance of non-gaming development.<\/p>\n\n\n\n\n\n\n\n

Macau.- Lei Wai Nong, Macau’s secretary of economy and finance, has stressed the importance of changing the city’s reputation from that of a city for gambling. He said that non-gaming would become a major economic driver in the next ten years.<\/p>\n\n\n\n

During a plenary session of the Legislative Assembly (AL), Nong stressed that the gambling industry would have to give way to other sectors<\/a>, such as MICE, culture, modern finance and Chinese medicine. He said Macau should pursue and develop these in the long term with the support of the government.<\/p>\n\n\n\n

According to Macau Business, Nong said: \u201cNon-gaming will have to become another field of economic development in the next ten years. Non-gaming elements and gaming elements must come become two important economic pillars<\/strong> in the future.<\/p>\n\n\n\n

\u201cTourists used to perceive Macau as a gambling city because of the past 20 years of gaming development. What we need to change is Macau\u2019s image as a gambling city, that\u2019s why the SAR Government cares so much about non-gaming.”<\/p>\n\n\n\n

Wong noted that Macau casino bidders have been required to invest in non-gaming<\/a> during the future ten-year concessions in order to make the city more competitive globally. He said this was necessary to increase the diversity of visitors to Macau.<\/p>\n\n\n\n

Ho Iat Seng<\/strong>, Macau\u2019s chief executive, recently said that one of his administration\u2019s main goals is to ensure that non-gaming accounts for 60 per cent of Macau\u2019s GDP<\/strong> in the future.<\/p>\n","protected":false},"excerpt":{"rendered":"

Macau’s secretary for economy and finance has stressed the importance of non-gaming development.<\/p>\n","protected":false},"author":176,"featured_media":26708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau's government is strategically pivoting its economic focus, with Secretary Lei Wai Nong emphasizing non-gaming sectors as a major economic driver for the next decade. This initiative mandates significant non-gaming investment from casino concessionaires to diversify the city's image and visitor base. Chief Executive Ho Iat Seng aims for non-gaming to contribute 60% of Macau's GDP in the future.","focusai_entities":"Lei Wai Nong, Legislative Assembly (AL), Macau Business, Ho Iat Seng, SAR Government","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.75), operator_casino (1.0), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Non-Gaming Investment Metrics?","query":"What specific non-gaming investment metrics and performance indicators will be used by the Macau SAR Government to evaluate concessionaire compliance and contribution to GDP diversification?"},{"label":"GGR Impact Analysis?","query":"How is this aggressive non-gaming diversification strategy projected to impact the Gross Gaming Revenue (GGR) contribution from traditional gaming verticals over the next ten-year concession period?"}],"footnotes":""},"categories":[16338,154,158],"tags":[23911,23906],"class_list":["post-777000398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-legislation-news","category-slider-home","tag-gambling-regulation","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777000398"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000398\/revisions"}],"predecessor-version":[{"id":777000433,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777000398\/revisions\/777000433"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26708"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777000398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777000398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777000398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}