Greater Bay GT Cup, of Course
Total Page:16
File Type:pdf, Size:1020Kb
JAPAN APPROVES RULES PROSPERITY STEMS FROM LOVE OF FOR PLANNED CASINOS COUNTRY, TWO SYSTEMS HK RECALLS Abe’s cabinet approved Speakers at a seminar marking 26 years of EXTRADITION LAW regulations for gambling resorts, the Basic Law say that the MSAR’s prosperity THAT SPOOKED the first of which could open in stems from the city’s concept of loving the BUSINESSES Osaka as soon as 2024 country and Macau P2 GAMING P5 P11 WED.27 Mar 2019 T. 19º/ 25º C H. 75/ 98% facebook.com/mdtimes + 13,000 MOP 8.00 3257 N.º HKD 10.00 FOUNDER & PUBLISHER Kowie Geldenhuys EDITOR-IN-CHIEF Paulo Coutinho www.macaudailytimes.com.mo “ THE TIMES THEY ARE A-CHANGIN’ ” WORLD BRIEFS ‘A MACAU AUTHOR’ AP PHOTO Arts Festival finale a P6 MDT REPORT CHINA-FRANCE Airbus secured a USD35 Mok Ian Ian original billion jet deal from China during a state visit by President Xi Jinping to the French capital, dealing a fresh blow to Boeing Co. as it grapples with the grounding of its best- selling jet. More on p8 AP PHOTO CHINA’s former internet censor, Lu Wei, who once held high-profile meetings with industry leaders such as Apple CEO Tim Cook and Facebook founder Mark Zuckerberg, was sentenced to 14 years in prison on corruption charges yesterday. More on p11 AP PHOTO PHILIPPINE President MARQUES RENATO Rodrigo Duterte MACAU RACING FESTIVAL ZHAOQING yesterday accused a dismissed police colonel, who had publicly criticized him Greater Bay GT and his deadly anti-drug campaign, of criminal involvement and said he wanted to know why the Cup, of course former officer “is still P4 MDT EXCLUSIVE alive.” More on backpage 27.03.2019 wed th Anniversary 2 MACAU 澳聞 WWW.MACAUDAILYTIMES.COM.MO BLOOMBERG GAMING specify the size of the hotels, conference facilities and exhi- bition centers that must be part of the gambling resorts. Japan’s cabinet approves The regulations dictate that the guest room area of the hotel must equate to at least 100,000 square meters, whi- regulations for planned casinos le the minimum size of the convention and exhibition APANESE Prime Mi- back the plans. Meanwhile, it was announ- is doubling down on its Osaka centers will be calculated to- Jnister Shinzo Abe’s cabi- The Japanese plans could ced earlier this week that the plans. gether, with a larger conven- net approved regulations for open the way for billions of city of Osaka, long eyed by “We made the decision to fo- tion center allowing a smaller gambling resorts, the first of dollars in investment from U.S. and Asian gaming opera- cus all our energy on Osaka,” exhibition center. which could open in Osaka as the likes of MGM Resorts In- tors, will take at least another said Murren. “I am confident Moreover, the area allocated soon as 2024 and provide a ternational and Melco Resorts year to make its integrated Osaka is going to be one of the for the casino must make up new source of tax revenue. & Entertainment Ltd. Japan, resort partnership decision. three. We are working really no more than 3 percent of the Japan legalized casinos in which already has horse ra- Osaka has not yet been appro- hard for MGM to be the IR total area of the resort and 2016 and passed another bill cing and other forms of legali- ved to become one of three [integrated resort] operator in operators are only allowed in 2018 that laid out a road- zed gambling, is a late entrant cities to host integrated re- Osaka. All we can do is work to advertise in internatio- map for gaming. The goal was into the Asian casino market, sorts in Japan, but it is on the as hard as we can, meet with nal airports and cruise ship to have the first casino open with Macau being the region’s shortlist and is a favorite of Japanese companies, form a terminals. Operators will be by the time Tokyo hosted the most powerful center. MGM Resorts. Japanese consortium: we are obliged to report to the go- 2020 Summer Olympics, but By opening casinos, Japan In an interview with Bloom- trying to outwork our compe- vernment any customers who wrangling over regulations “will seek to become an advan- berg, MGM Resorts Chairman titors a little bit.” make transactions of 1 million and public concern over com- ced country for tourism,” Abe and CEO Jim Murren affir- The latest Japanese regu- yen (MOP73,000) or more in pulsive gambling has pushed said at his residence yesterday. med that the gaming operator lations approved yesterday cash. DB/Bloomberg ESTERDAY, the GAMING center, but requires the YMassachusetts Ga- company to pay a fine. ming Commission The amount will be (MGC) has prepared to Massachusetts gaming board set by the Nevada Ga- launch hearings on whe- ming Commission, but ther or not Wynn Resor- it wasn’t immediately ts is suitable to hold a schedules hearing for Wynn decision clear when that could casino license in the sta- occur. te, reports Calvin Ayre. te contender and Steve Steve Wynn’s actions, Boston Harbor. tial damage that could In Macau, the Gaming The process has faced a Wynn was deemed a yet they did nothing to Wynn Resorts has befall the area by a li- Inspection and Coordi- series of delays as Wynn “highly ethical” indivi- stop him. Those indivi- pushed forward with cense revocation, most nation Bureau did not Resorts, along with fou- dual and a “perfectionist duals are no longer with Encore, which is expec- analysts predict that open its own investiga- nder and former CEO who is passionate about the company, as Wynn ted to open June 23. It is Wynn Resorts will re- tion into Wynn Resorts Steve Wynn, have in- everything he does.” Resorts stated recently, already taking reserva- tain its concession, but but said last year that it troduced legal measures When news broke in ear- and the MGC is calling tions, but a decision by be forced to pay a fine. was seeking more infor- designed to prevent the ly 2018 regarding Steve into question both Ste- the MGC to revoke the li- Nevada gambling re- mation from local subsi- release of certain details Wynn’s sexual impro- ve Wynn’s activities and cense could bring every- gulators announced a diary Wynn Macau. The regarding the sexual prieties, his reputation those of the company. thing to a grinding halt. settlement with Wynn local arm of the Wynn misconduct allegations was put on the line. The commission cou- It would force thousands Resorts in late January. casino empire said it against the executive. Wynn Resorts has al- ld ultimately decide to of workers out of their The settlement does not would “fully cooperate When Wynn Resorts ready admitted that fine Wynn Resorts or jobs and lead to possibly revoke or limit Wynn with any requests” from was awarded the license certain high-ranking revoke the license it millions of dollars in lost Resort’s gambling li- the Macau Gaming Ins- in 2013, it was viewed by individuals at the orga- was given for the Bos- tax revenue. cense in the world’s se- pection and Coordina- the MGC as a legitima- nization were aware of ton-area casino, Encore Because of the poten- cond-largest gambling tion Bureau. DB www.macaudailytimes.com.mo EDITOR-IN-CHIEF (DIRECTOR)_Paulo Coutinho [email protected] A MACAU TIMES PUBLICATIONS LTD PUBLICATION ACTING MANAGING EDITOR_Daniel Beitler [email protected] CONTRIBUTING EDITORS_Eric Sautedé, Leanda Lee, Severo Portela ADMINISTRATOR AND CHIEF EXECUTIVE OFFICER + 4 Million page views Kowie Geldenhuys [email protected] NEWSROOM AND CONTRIBUTORS_Albano Martins, Annabel Jackson, Emilie Tran, Irene Sam, Ivo Carneiro de SECRETARY Juliana Cheang [email protected] PER MONTH Sousa, Jacky I.F. Cheong, Jenny Lao-Phillips, João Palla Martins, Joseph Cheung, Julie Zhu, Juliet Risdon, Linda ADDRESS Av. da Praia Grande, 599, Edif. Comercial Rodrigues, 12 Floor C, Kennedy, Lynzy Valles, Paulo Barbosa, Paulo Cordeiro de Sousa, Renato Marques, Richard Whitfield, Viviana Seguí MACAU SAR Telephones: +853 287 160 81/2 Fax: +853 287 160 84 DESIGNERS_Eva Bucho, Miguel Bandeira | ASSOCIATE CONTRIBUTORS_JML Property, MdME Lawyers, Advertisement [email protected] Thank You! PokerStars, Ruan Du Toit Bester | NEWS AGENCIES_ Associated Press, Bloomberg, MacauHub, MacauNews, Xinhua For subscription and general issues: [email protected] | Printed at Welfare Printing Ltd +13,000 like us on facebook.com/mdtimes SECRETARY_Yang Dongxiao [email protected] SEND NEWSWORTHY INFORMATION AND PRESS RELEASES TO: [email protected] WEBSITE: WWW.MACAUDAILYTIMES.COM.MO wed 27.03.2019 th Anniversary MACAU’S LEADING NEWSPAPER 澳聞 MACAU 3 Lynzy Valles ENVIRONMENT HE 2019 Macao In- ternational Environ- mental Co-operation Forum & Exhibition 2019MIECF to launch T(2019MIECF) will launch its “Greenovation Zone,” desig- ned specifically for innova- platform for green projects tive green technologies and projects. Kicking off tomorrow, the exhibition will be themed “Promoting Ecological Civi- lization and Green Develo- VALLES LYNZY pment,” and will have some 500 exhibitors from nearly 20 regions and countries. At a press conference held yesterday, the organizers, the Macao Trade and Investment Promotion Institute (IPIM) and the Environmental Pro- tection Bureau, announced that the new zone will accom- modate exchange activities to make the application and exchange of green innovative technologies mainstream. The three-day exhibition will feature Green Forum again, which will hold a total of eight sessions commencing tomorrow. Irene Lau, acting president of IPIM, recalled that in the past 11 events, the exhibition resulted in nearly 5,000 suc- cessful matching sessions, while 320 letters of intent and projects have been signed Irene Lau through MIECF.