The Gaming Industry and diversification

1. George Soros, an 86-year-old Hungarian Jew and naturalized American, calls Trump a con man and a dictator!
Coming from a man of the world of financial investment, he is not very much in favor of the president-elect of the United States, who rejects the wave of new immigrants today, even though he is also the son of immigrants, and always married to women of non-American nationality.
How long will this man endure and how many complications will he be able to generate?
No one, honestly speaking, can predict the near future, either economically or politically! But we are beginning to fear what comes next, with his choices for the White House and future secretaries!
2. In Macau, the gaming industry became the marshal of all Small and Medium Size Enterprises (SMEs).
Too much talk about diversification, but at the same time it is trying to make the gaming industry one of the main buyers of SMEs.
We must be careful as we might make the remaining economy even more vulnerable and dangerously more dependent on the gaming industry.
We need the gaming industry to please our people (the SMEs), politically a good idea, but then it is this same gaming industry that will give them bad balance sheets, in periods of revenue downturn!
If I was a casino, of course I would see this measure as positive, because there would be many more people in the same boat as I, rather than just the six de facto casinos operators.
A storm would impact many more people, which would upset those who really make decisions.
3. The gaming industry will recover in 2017, if Trump does not complicate the world economy and especially the Chinese economy, and if the measures taken by China do not condition its performance!
Growth came up in August.
Achieving 2015 levels of income, is very easy, it just needs a simple revenue growth of 3.4 points!
To reach the values of 2014, it would be necessary for the growth of the gaming industry in 2017 be about 57.5 per cent!
Impossible!
In this universe of greater uncertainty created by the U.S.A., we will need at least another four years to reach 2014 revenue levels, if we are capable of achieving an average annual growth of income of 12 per cent!
Of course, that is if you let the game be played freely, and no more artificial limitations are created to impede its growth, simply to justify desired diversification, which by the way, will only be achievable maybe by 2040!