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Macau Jockey Club, China, delays investment in “horse theme park”

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Macau Jockey Club, China, have listed a “horse theme park” as one investment into the non-gaming facilities at the centre – however investment has been delayed.

Legislator Ellen Lei Cheng I revealed that the investments at the Macau Jockey Club will include improving facilities, smart stables, a horse theme park and a riding school.

However VegasSlotsOnline report that the plans may be in trouble. The operators of the Jockey Club, Macau Horse Race Co. Ltd. (MHR), have also not made a profit since 2014. It is unclear, then, whether the plans will go ahead.

The investment would take place in three phases, consisting of more than MOP1.5 billion (US$185.5 million) going towards the local jockey club.

An investment plan was one of the conditions the Macau Jockey club had to fulfil in order to receive a 24-year extension of its horse racing betting monopoly. The extension was approved in February, and now the club must invest MOP1.5 billion (US$186 million) in improving the facilities at the venue and increasing non-gaming facilities.

Image courtesy Pointsmgods via Wikicommons

http://www.vegasslotsonline.com/news/2018/08/17/trouble-brews-for-famous-macau-jockey-club/

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Michael Mander

Michael Mander

I am a journalist from Essex, England. I enjoy travelling, and love exploring attractions around the world. I graduated from Lancaster University in 2018. Twitter @michael_mander.

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