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Macau leader pressures casinos

The head of the Macau SAR used his first policy address on Tuesday to pressure casino operators to solidify development plans on government-granted land – or risk losing it.

In remarks to the press after his speech, Macau’s Chief Executive Fernando Chui said that "the government will follow legal procedures" to repossess any idle land being held by developers without concrete plans to develop it. "The whole process will be made very transparent, but the land has to be taken back and some of it will be used for social housing," Chui said in his remarks.

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(Source: The Wall Street Journal Online)