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Macau Regulator Exits

Macau’s top gaming regulator, Manuel Joaquim das Neves, stepped down at the end of November. Neves has been head of the Gaming Inspection and Coordination Bureau since 1997, and has been in government since 1984.

“After 31 years as a civil servant, 18 as Gaming Inspection Bureau director, I believe it’s time to take a break and spend more time with my family,” Neves told TDM.

Neves presided over the explosion of the gambling industry in the territory and saw the first foreign-owned casinos come to Macau. He is leaving under difficult circumstances, as Macau grapples with a 16-month plummet in gaming revenues.

The replacement for das Neves will be Assistant Prosecutor-General Paulo Martins Chan.