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Legislator: Hong Kong Should Allow Casinos

22 April 2005

HONG KONG – As reported by the AFX News: "The government should consider allowing the establishment of casinos mixed with hotel and convention facilities to boost Hong Kong's tourism industry, Liberal Party legislator Howard Young said on a Radio Television Hong Kong (RTHK) program.

"'Different Asian countries are considering allowing the establishment of casinos. I'm actually disappointed that Singapore has moved much quicker than Hong Kong in allowing and approving the setting up of casinos as a boost to tourism,' he said.

"Young, who represents the tourism sector in the Legislative Council, also said that the Liberal Party had urged former Chief Executive Tung Chee-hwa last autumn to float the idea of allowing casinos in Hong Kong during his annual policy speech in February.

"…Minority shareholder activist David Webb said he sees no valid reason for the government not to allow the establishment of casinos when Hong Kong people are taking bets daily on stocks, including highly-speculative Macau plays, and other investment instruments…"

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