Sands China Ltd’s chief executive officer and president, Edward Tracy, is hoping the Macau government will soon loosen restrictions on foreign hiring to help the gaming industry sustain growth. “There’s a political process that has to happen,” Mr Tracy told Bloomberg. “My belief is, as long as we develop the next one or two projects, we’ll begin to see some relaxation.” Mr Tracy says lack of enough workers is a problem impacting several companies in Macau, as there is very little available local manpower. “You have a base population of 500,000 and an unemployment rate of 2.1 percent. That 2.1 is almost zero: those people are probably not looking for a job.” Mr Tracy says a big worry for him is the 4,000 positions he’d like to fill at Sands China Ltd.
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