Macau's casino gambling economy and government could have a brand new leader, nominally elected but effectively installed by the Chinese government.

Fernando Chui would be the new leader of the Chinese possession Macau, although the election has yet to be held. The casino gambling region and previous Portugese colony has Chui because the only candidate, an orderly election the way in which Beijing likes them.

Gaming industry insiders are wondering whether Chui's advancement to the highest of the colony will lead to changes within the mainland policies at the gambling zone, especially in regard to visa restrictions. A limitation on frequency and length of stay by the Chinese government on visas for its population is a prime cause for the slowed economy in Macau.

But others are saying Chui may have no choice but to continue existing regulations.

"Everyone accepts gambling policy within the near future is designed to slow the industry as it grew too fast," says Larry So, a political analyst at Macau Polytechnic Institute.

Chui has promised to diversify Macau's economy, in order that it's not so dominated by and depending on gambling and casino revenue. He has sworn to "make great efforts to advertise the sustainable growth of gaming-related industries."

Chui has already received 286 of 300 votes from the election commission, leaving a poll today as a formality. Chui will assume office December 20th, the 10 year anniversary of the colony reversion to Chinese rule.

Published on July 25, 2009 by PrestonLewis

Read More... [Source: Macau Casino Gambling News]