How to diversify!

Everyone knows how the three per cent rule for gaming table growth appeared when Cotai emerged as the alternative space for the main game in town.
Today this policy is backfiring and impacting on the inventors themselves, having harmful effects on the accounts of those who invested billions of patacas when the rules were different, but were changed in the middle of a very tough championship!
How long will we keep shooting our own feet?
In a land that claims to be a free economy, where real estate speculation damages almost all other industries and the community, those who decide whether or not a casino should have more gaming tables should be the ones who are taking the business risks.
That is, the casinos themselves. Not the regulator!
No one can convince me that controlling the “ravages” of the gaming industry must be done in a way that has nothing to do with “science”, like the three percent rule!
What the Government must do is economic policy! And economic policy is not to obstruct the growth of the only industry capable of creating lots of wealth and jobs, upstream and downstream. Economic policy should be directed at creating the conditions for other industries to emerge, using part of the funds generated and paid by the casinos as tax. Money should not just stay in the government coffers getting moldy. It should be invested in a smart way.
Diversification does not come by decree, but through opportunities. Everybody in the world wants diversification. But this only arises when there are clusters and conditions created that allow them to appear. That’s the Government’s job!
The Government must adjust its performance to enhance the development of the economy, responding in a healthy, fast and intelligent way to the growth of its king industry – gaming.
The bottlenecks in the game – the quantity and quality of labor, the control of capital from China, and the lack of infrastructure in Macau – are already challenges enough.
If competition from abroad worsens, Macau risks disappearing in the same way it has grown so exponentially.
There is much talk about the conventions and exhibitions sector as one of the industries to be supported. Of course! But how long will it take until it achieves minimum visibility in GDP, if in the first half of this year it has only produced revenue of MOP70.7 million, equivalent to just 8.5 hours of revenue from Macau casinos?