As Macau nears the conclusion of its satellite casino era, government officials report that preparations for the December 31 deadline are proceeding smoothly. Authorities indicate that the transition away from these gaming operations is happening in a structured manner, with labor arrangements nearly finalized and strategies in place to mitigate potential impacts on nearby communities.
The phase-out of satellite casinos marks the end of a three-year transitional period established under Macau’s gaming regulations. With this period coming to an end, the government has stressed that the process complies with legal stipulations while also prioritizing social stability and economic continuity.
Workforce Transition Advances Smoothly
Officials have confirmed that nearly 3,500 employees formerly associated with satellite casinos have successfully found new employment. The absence of labor-related complaints is viewed by authorities as a positive sign of a smooth transition. The reassignment of workers has been closely monitored due to the lengthy history of satellite casinos in Macau.
Chief Executive Sam Hou Fai, addressing this issue after an event on December 20 celebrating the 26th anniversary of the Macau Special Administrative Region, noted that an interdepartmental coordination group has been established to manage the casino closures. This group is responsible for overseeing labor transitions, halting gaming operations, and ensuring adherence to existing laws.
Assessing Impact on Local Businesses
Beyond employment concerns, officials are now focused on how the closure will affect nearby commercial districts. Secretary for Economy and Finance Tai Kin Ip highlighted that the government is actively monitoring business conditions in areas like NAPE and ZAPE, where many satellite casinos were located.
Tai explained that ongoing communication with local merchants helps authorities grasp the challenges arising during this transitional phase. The government is implementing measures aimed at enhancing the local business landscape and boosting foot traffic. These initiatives include improving district connectivity and organizing community events to attract visitors.
Community Support and Future Economic Direction
To aid local businesses, relevant government departments have issued licenses allowing restaurants on inner streets to provide outdoor seating. Tai shared that this has been well received, as it offers restaurants a valuable means to draw in customers. Authorities will continue to assess business performance and adjust support initiatives through interdepartmental collaboration.
Sam also discussed Macau’s wider economic strategy after a recent visit to Beijing, where President Xi Jinping recognized the SAR government’s efforts to promote proper economic diversification. According to the Chief Executive, the city’s economic framework necessitates moderate diversification, which aligns with guidance from the central government. The SAR is currently advancing four key projects aimed at yielding broader socio-economic benefits. Sam encouraged collective efforts within various sectors to forge agreements and enhance coordination with the Guangdong-Hong Kong-Macau Greater Bay Area, asserting that regional collaboration is crucial for Macau to successfully transition away from satellite casino operations.
