Over the past decade, concessions have been hit by 3.96 billion MOPs (roughly $495 million), according to a local report.

Angela Leong On Kei, vice president and executive director of Macau Horse Racing, claimed last year that horse racing has a historical significance in the former Portuguese colony, which returned to Chinese rule as a special administrative region in 1999. Ultimately controlled by Stanley Ho Hung Sun, the company had exclusive concessions to the animal sport since 1978 but was known as the Macau Trotting Club until 1989. According to the MJC website, the Macau Jockey Club was acquired by a consortium led by Dr Stanley Ho in 1991.

Last year, the contract expired amid various complaints from riders, owners, and trainers, and the contract was renewed for two years, and the concession period will expire in the future.

Angela Leong On Kei, Stanley Ho’s “Fourth Wife,” is also the legislator and executive director of SJM Holdings Ltd., a Macau casino operator that holds over 30 of Macau’s six successors and 20 of its sub-licenses. The company’s interests include everything from small slot clubs, equestrian and dog racing, China’s only legitimate sports book (Macao Slot), to successful efforts such as the Lisboa Casino Hotel and Grand Lisboa Palace.

Macao Slot Sports Betting Exclusive rights (for everything but horseback riding) were due to expire on June 5, but at least recovered again. The Macau (Yat UN) Canidrome dog racing license expired late last year, but was extended by 12 months. The renewal of the license is currently being discussed and analyzed with the SAR gaming regulator and the University of Macau is considering “the findings of a study on the significance and impact of the cannidrome on the territory as a World Tourism and Leisure Centre.”카지노사이트

According to the MJC website, Macao Jockey Club is one of the largest private employers in Macao, with approximately 800 employees (400 of them stable employees) and more than 300 part-timers.

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