Former judge eyeing job as Macau leader says gambling-based economy must diversify
Sam Hou-fai, former president of city’s top court, formally announces election bid, vows better integration into national development plans
Sam Hou-fai, the 62-year-old former president of the gaming hub’s Court of Final Appeal, formally announced his election bid at a press conference on Wednesday, pledging to better integrate Macau into the country’s development strategies, solve deep-seated problems through reform and improve governance standards.
In his declaration to run for chief executive, Sam said: “It is made out of a strong sense of mission to uphold Macau’s long-term prosperity and stability.
“It also derives from an original aspiration to work together for a better future for Macau and to deliver better lives for the people of Macau.”
Sam singled out the city’s reliance on a gaming industry dominated by six casino operators, stressing it needed to diversify its economic structure.