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Government to evaluate gaming sector and its effects


The Secretary for the Economy and Finance, Mr Tam Pak Yuen, said today the Government would review the management and operation of the entire gaming industry within next year. Speaking to the media on the sideline of a public function, Mr Tam said the Government has been closely monitoring the working modes of different gaming operators. He said the evaluation would include effects brought to the society by the gaming industry, adding that the Government would make necessary adjustment based on the result. Regarding the economic growth, Mr Tam said it was acceptable that Macao had recorded an average annual economic growth of 12 per cent over the past eight years. He said a stable economic growth could be achieved in the future, by modifying the operation of the market. He reiterated that the Government is determined to relief effects on Macao citizens' livelihood brought on by rapid economic growth. Meanwhile, he predicted the gross domestic product of this year would record be double digit, possibly higher than the 17 per cent recorded in 2006.



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