Is Brazil about to open up to casinos? The idea was raised in a more than casual way at a forum being held in Macau this week.
As reported by Macau Daily Times, Marcelo Álvaro Antônio, Brazil’s Minister of Tourism, asked for feedback at the Global Tourism Economy Forum on his country’s plans to invite investors to open resorts and theme parks. In response, MGM China’s chairperson, Pansy Ho, said that from a gaming operator’s perspective, Brazil has all the basic requirements to open an integrated resort industry.
Ho, who is one of the chief organizers of the conference, made the comments during a press conference on Tuesday. According to Ho, Brazil should be able to develop similar types of integrated resorts to those built in Macau.
“I’m quite sure there will be some of the existing gaming operators that would be clearly interested [in investing],” she said.
That is possibly the understatement of the year. Although a staunchly Catholic country like, er, the Philippines, Brazil would be lucrative for Macau’s casinos, who are currently having to wait around for what seems like forever while Japan figures out what it wants them to do.
Read more details on MDT.