The Executive Director of MGM China, Pansy Ho said that if Brazil regulates gaming, it would attract local gaming operators.
Brazil.- Pansy Ho, executive director of MGM China, talked about the upcoming gaming industry in Brazil. The executive said that if Brazil regulates gaming, it would attract local gaming operators.
Speaking at the 2019 Global Tourism Economy Forum (GTEF), Pansy Ho discussed Brazil’s gaming regulations and what would happen once they’re in place. “I’m quite sure that Brazil, a major country and one of the largest economies in Latin America and in the world.”
Ho explained that if Brazil was to consider opening up and to invite other gaming operators to come and develop the same kind of integrated resorts that Macau has expertise in, “there will be some of the existing gaming operators or even from other parts of the world would be clearly interested,” Macau Business reported.
Rio Mayor defends casino legalisation
The mayor of Rio de Janeiro, Marcello Crivella, said that the city advocates for the installation of casinos. They wish to encourage the tourism industry with a casino. The politician told Radio BandNews that international businessmen from Las Vegas and Singapore want to invest in the country. Thus, the government would receive more revenue, in addition to boosting the tourism industry. He also said that he wants Rio to obtain a licence to establish a casino in Porto Maravilha.
Last month, the Mayor inaugurated the Tourism Council and during the ceremony, he defended the regulation of casinos to boost the tourism industry. Secretary Paulo Jobim also defended the approval of the Regulatory Framework for Gaming. The project would allow two casinos in Rio de Janeiro.
Moreover, Crivella said that out of all of the public policies presented, the most important was the casino one. He also cited the Singapore casino framework and the president of Las Vegas Sands Group, Sheldon Adelson.