“If necessary, the government will take over,” Edmund Ho said yesterday. “We will not allow any casinos to shut down.”
But he said he did not expect any of the territory's six licensed gaming operators to be pushed to the brink, despite predicting that annual casino revenues would taper off for the first time since Macao opened the market to competition six years ago.
Monthly casino revenues will drop from an average of 8bn patacas ($1bn) this year to 7bn patacas in 2009, he said.
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