The Secretary for Economy and Finance, Anton Tai Kin Ip provided an update to the Legislative Assembly.
Macau.- The secretary for economy and finance, Anton Tai Kin Ip, provided an update on the impact of satellite casinos closures during a plenary meeting of the Legislative Assembly on 2026 policy guidelines. He noted that six satellite casinos have already closed and that “1,600 workers have already returned to work at the original concessionaire companies”.
The casinos that have closed so far are SJM’s Grandview, Legend Palace, Casino Casa Real and Emperor Palace, Galaxy’s Waldo and Melco’s Grand Dragon. Four other casinos will close in the coming weeks, affecting approximately 3,200 additional workers.
“Relevant government departments have established dedicated teams and hotlines to assist satellite casino employees with their transition,” the secretary added. He said authorities had received 29 consultation requests, none of which required further intervention and said the government will continue to engage with operators and hired staff to “ensure transition arrangements proceed smoothly and systematically, with the employees transitioning to the concessionaires.”
“We will continue managing the transition step by step to ensure a smooth process,” he said, noting that Macau’s labour market remained relatively stable in 2025 with a low unemployment rate among residents.
The Secretary for Economy and Finance, Anton Tai Kin Ip provided an update to the Legislative Assembly. Macau.- The secretary for economy and finance, Anton Tai Kin Ip, provided an…
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