Hong Kong-based entrepreneur Allan Zeman (pictured), who became non-executive chairman of casino operator Wynn Macau Ltd after the departure in February of the firm’s founder Steve Wynn, is to be one of the panellists at Global Gaming Expo (G2E) Asia 2018. The trade show is taking place from May 15 to 17.
Mr Zeman will share a platform with Wilfred Wong Ying Wai, president and executive director of another Macau operator, Sands China Ltd, and with Maria Helena de Senna Fernandes, director of the Macao Government Tourism Office. They will discuss the topic “The transformation of Macau and its goal for the future”.
The Macau government has pledged to diversify Macau’s economy beyond dependence on high-stakes VIP gambling, and has asked the city’s six casino operators – that all face expiry shortly, in either 2020 or 2022, of their current gaming rights – to assist in that process. In September, the tourism bureau published a “Macao Tourism Industry Development Master Plan”, which it said would be a blueprint for the sector’s development in the following 15 years.
The G2E Asia 2018 panel on the “Macau transformation” topic will take place from 10.20am to 11.15am on day two of the event, Wednesday, May 16, and will be moderated by Margaret Huang, global lodging and Asia gaming analyst for Bloomberg Intelligence.
A press release on Monday from the event’s presenters, the American Gaming Association, and the organisers Reed Exhibitions, also confirmed that Paulo Martins Chan, director of Macau’s casino regulator, the Gaming Inspection and Coordination Bureau, would give the afternoon keynote address on day two, from 2pm to 2.20pm.
The update also reiterated that Lawrence Ho Yau Lung, chairman and chief executive of Asian casino operator Melco Resorts and Entertainment Ltd, would give the opening keynote address of G2E Asia 2018, from 9.30am to 10.20am on day one, Tuesday, May 15.
Mar 19, 2019Casino gross gaming revenue (GGR) in Macau for March is likely at best to be flat judged year-on-year, and at worst, down by 5 percent compared to a year earlier. That is the scenario presented...
Mar 19, 2019
"This decision [regarding the concession extension] strengthens our capacity to finance the business. We have a whole series of different scenarios we are now working through"
Chief executive of Macau casino operator MGM China Holdings