Macao: Emerging as a Hub for Sports and Entertainment





Sands China CEO Grant Chum emphasized Macao's shift from a gaming-centric economy to a diversified "city of sports and entertainment" during President Xi Jinping's recent visit. In an interview, Chum announced a multi-year partnership with the NBA to host pre-season games in Macao, part of Sands China's $4.5 billion investment commitment, predominantly in non-gaming sectors. The Venetian Arena has been upgraded for major events, including NBA games starting in 2025. Macao's gaming revenue is recovering, and tourist arrivals have reached pre-pandemic levels, aligning with Xi's call for innovation and attracting foreign talent.




https://instegro.net/macao-emerging-as-a-hub-for-sports-and-entertainment/?fsp_sid=421

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