Gambling hub at crossroads as revenues decline
By Selena Li | China Daily | Updated: 2015-03-06 07:42
Region envisions restyling itself as an international tourism, leisure destination
The Macao Special Administrative Region is standing at a critical juncture in transforming from a gaming hub into a world-leading tourism and leisure center with a diversified economy, a senior Macao official said at a meeting with deputies to the National People's Congress on Thursday.
It is a major test for the SAR government to act proactively before the gambling industry hits an inflection point, and Macao must chart a careful course at this critical time, said Li Gang, director of the Liaison Office of the Central People's Government in Macao at a meeting with Macao NPC deputies.
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