Macau’s Chief Executive, Sam Hou Fai, has been in office for two months and is about to deliver his first policy address. While there has been some concern around his attitude towards the city’s sizeable gaming industry, Sam outlined his views on Thursday morning while attending the first plenary session of the 2025 Economic Development Commission.
In a speech, the Chief Executive recognized the threat that increased regional competition posed to Macau’s number one economic driver and again called for continued efforts to diversify the economy.
“In the face of the surrounding environment, competition in the tourism and gaming industry in Macau is intensifying, and the risks and challenges brought to Macau should not be overlooked,” he said.
