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Macau ponders future even as tourists and gamblers return

Macau ponders future even as tourists and gamblers return

MACAU: Macau's streets were packed in the run-up to the Lunar New Year after pandemic controls were abruptly lifted but it is far from business as usual as the Chinese casino hub wrestles with questions about its future.Mainland Chinese tourists filled winding passages leading up to the historic Ruins of Saint Paul's, and stores selling local snacks like almond cookies and meat jerky had trouble keeping up.“We don’t have enough goods for this Lunar New Year as we didn’t expect this,“ a business owner surnamed Li told AFP.Tourists may now be back, but Beijing wants the former Portuguese colony to diversify its casinos-reliant economy.President Xi Jinping has led a years-long anti-corruption campaign that clamped down on money laundering and gambling.Yet quitting gambling -- and the huge tax revenues casinos generate -- will be a hard habit to break.“The government has an inherent conflict,“ gaming consultant David Green told AFP.“It needs to be seen by the central government to be promo

The U.S. Sun, Benzer haberler