Paulo martins Chan | Gaming regulator expresses support for industry revamp

The director of the Gaming Inspection and Coordination Bureau (DICJ), Paulo Martins Chan, gave a speech yesterday at the G2E conference. Addressing the fact that revenues in Macau’s gaming sector have been in decline for 23 straight months since 2014, Chan revealed that the city is working towards the transformation of its casino-driven economy into a more diversified economic structure in search of innovation. “The innovation that we plan involves the adopting of innovative ways to give a new look to our gaming industry, for it to become an industry that promotes improvement, integrity and quality,” said Chan.
Chan noted however, that changes should not only take place in the gaming sector but “also in Macau companies.” Moreover, he encouraged all operators to expand their working paradigm beyond gaming offerings.
Chan claimed that in 2016, the Macau government would be constantly working to optimize Macau’s economic structure, and to promote cooperation with neighboring regions. He said that the government is seeking “to accelerate the promotion of regional cooperation in order to develop strong economic relationships and to create opportunities for tourism integration.” Staff reporter
Paulo Martins Chan