Macao's next leader aims to reduce reliance on gambling in the economy.

• In December, Macao's first mainland-born leader is predicted to be former top judge Sam Hou Fai, who ran unopposed.
• The new leader of Macao has vowed to diversify the economy of the Chinese casino metropolis, in accordance with instructions from Beijing.

Sam Hou Fai, set to become Macao's next leader, aims to reduce the region's dependence on gaming and gambling.

On Sunday, in an uncontested vote, Macao's former top judge, Sam, was elected as its next leader.

According to Chinese state media, Sam stated in a speech after his election that he intends to enhance business conditions and aid smaller enterprises.

Prior to being chosen, the 62-year-old recognized the need to tackle the diversification of Macao as a pressing concern.

At a press conference in September, he announced that his administration would implement different measures to promote economic diversification.

He stated that he would consider establishing public funds to support the growth of non-gaming and non-gambling industries.

The city's reputation as the only legal casino destination in Greater China drew affluent tourists and contributed to its status as one of the wealthiest cities globally.

The gambling and gaming industries suffered significant losses during the Covid-19 pandemic due to border closures and social distancing policies.

Before announcing his decision not to seek reelection in August due to health concerns, Sam's predecessor, Chief Executive Ho Iat Seng, had prioritized economic diversification.

In order to increase revenue across multiple sectors, Seng introduced a diversification strategy last year, targeting industries such as tourism, leisure, commerce, finance, traditional Chinese medicine, and exhibitions.

In 2023, the gaming industry made up less than 40% of the city's gross domestic product, a decrease from its peak contributions of approximately 60% from 2011 to 2013, as reported by local media.

Beijing officials have also directed Macao to diversify its economy.

Beijing has endorsed Sam as the first chief executive of Macao born in mainland China, after he received 394 out of 398 votes in an election committee dominated by Beijing loyalists.

In December, when the city celebrates its 25th anniversary of being handed over to China's rule, Sam will take up his new position in office.

On Sunday, Sam stated that Macao SAR will enhance cooperation with China in areas such as trade, finance, tourism, and high technology, as reported by Chinese state media.