Ms Pansy Ho You Are So Right!

Written on November 2, 2006 by admin

An excellent article by one of Australia’s top journalists Glenda Korporaal from The Australian, who recently interviewed Pansy Ho. I think Pansy is spot on, Macau’s casino market will become saturated as 40-50 casinos will be just too many. The fact remains that 95% are Chinese gamblers and some 35,000 mainland Chinese visit on daily border trips.

So they will have to find other ways to attract the punters and get them to stay longer, so they will need to create interesting activities to keep them coming. Mind you they are already trying with ventures such as Hard Rock Hotel, Elvis Presly Shows, Playboy Club, Planet Hollywood, but what about some popular Chinese concepts. Let’s face Hong Kong’s Disneyland is not faring all that well!

Full article here The Australian | THE heir apparent to Stanley Ho’s vast corporate empire in Macau, Pansy Ho, has suggested that James Packer’s PBL and his Hong Kong partner Melco should differentiate their product rather than try to attract Chinese gamblers generally.

PBL/Melco and other new entrants to the increasingly competitive Macau casino market ought to cater to provincial differences among their Chinese customers, she said yesterday.

Ms Ho is managing director of her father’s company, Shun Tak Holdings, which operates many Macau-related businesses. She also holds one of six Macau casino licences in her own right.

Speaking in Macau, Ms Ho, an older sister of Mr Packer’s Hong Kong partner Lawrence Ho, said PBL/Melco’s planned Crown Macau and City of Dreams casinos and other new entrants to the Macau casino market were yet to outline their strategy for attracting additional gambling business to the city.