The Macau government has officially reclaimed the land upon which Macau’s horse racing course sits, covering a total area of 363,192 square meters, it announced Thursday.
As per information published in the Official Gazette, the lease of the land by Macau Jockey Club began on 31 December 1995 and had been renewed multiple times including most recently a 24-year concession until 31 August 2042. However, the government announced in January that MJC’s concession would be terminated from 1 April 2024.
After the expiration date, the Secretary for Transport and Public Works reclaimed the land under his own authority and determined the total land area to be 363,192 square meters.
This land is now private property of the state, and MJC is not entitled to receive any compensation.
The government has not yet determined what the future use of the land will be, with Chief Executive Ho Iat Seng stating at a Legislative Assembly meeting in April that any development would likely take “eight or 10 years”.
It has been confirmed however that the land will not be used for any gambling activities.
