The imminent closure of the Macau Jockey Club (MJC) has sparked a flurry of discussions and negotiations between the club and horse owners regarding compensation. Despite persistent appeals from horse owners, the MJC’s stance on compensation remains steadfast, leading to escalating tensions and unresolved concerns as the closure deadline approaches.
Compensation Dispute:
The refusal of the MJC to provide compensation to horse owners has led to frustration and discontent within the community. Despite appeals and open letters, the club maintains its position, citing financial constraints as the primary reason for its inability to meet the demands of horse owners.
Horse Transportation Subsidy:
As a partial measure, the MJC has offered a horse transportation subsidy to assist horse owners willing to relocate their animals overseas or to China. However, the subsidy falls short of addressing the broader financial losses incurred by horse owners due to the closure of racing activities.
Lack of Communication:
Horse owners lament the lack of direct engagement from the senior management of the MJC, including its Chairman Angela Leong. Despite repeated invitations, the absence of face-to-face meetings has exacerbated tensions and hindered productive dialogue between the parties involved.
Unmet Expectations:
Many horse owners invested in purchasing horses with the expectation of racing in Macau, only to find their plans thwarted by the impending closure of the MJC. The failure to fulfill these expectations has left horse owners disillusioned and seeking accountability from the club.
Uncertain Future:
With less than 20 days until the closure deadline, numerous unresolved issues loom large, including the fate of over 100 staff members, the future of the horses, and the utilization of the land currently occupied by the racecourse. The lack of clarity surrounding these matters adds to the anxiety and uncertainty surrounding the closure.
Potential Ramifications:
The closure of the MJC not only affects horse owners and staff members but also has broader implications for the horse racing industry in Macau. The loss of racing activities deprives the region of a significant cultural and economic asset, raising questions about the long-term viability of the industry.
The dispute over compensation between the Macau Jockey Club and horse owners underscores the challenges and complexities surrounding the closure of racing activities. As the deadline draws near, the need for constructive dialogue and equitable solutions becomes increasingly urgent to mitigate the impact on all stakeholders involved.