THE M3: LABOR BOTTLE NECK; IMPORTED WORKERS

08/28/12 07:18AM EDT

The Macau Metro Monitor, August 28, 2012

NOT ENOUGH MANPOWER IN GAMING INDUSTRY Macau Business

Macau’s casinos don’t have enough manpower and the situation will only get worse next year, as the government increases the cap on the number of live gaming tables, warns Macau Gaming Industry Employees Association, João Bosco Cheang Hong Lok.  “Next year, the number of gaming tables will increase by 3%. I believe many casinos will increase the number of their gaming tables and by then, staff shortages in the gaming industry will be even tighter,” Cheang said.  Cheang also noted that starting November 1, all those below 21 years of age would be banned from working inside the city’s casinos.

NEW ALL-TIME HIGH FOR IMPORTED WORKERS Macau Business

The number of imported workers in Macau reached a new all-time high in July.  According to official data from the police released yesterday, Macau had a total of 104,938 imported workers by July-end, 60% of whom came from the mainland.  That is above the previous peak, recorded in September 2008, when Macau’s imported labour workforce reached a total of 104,281 people.  Hotels and restaurants are the number one employer for imported workers, giving work to 30% of the total.


© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.