Macau\u2019s Taipa Racecourse, pictured, will be returned to the government and repurposed once racing ceases for good at the end of March this year. (Image: Sky Racing World)<\/figcaption><\/figure>\nSecretary for Administration and Justice Cheong Weng Chon told reporters this week the termination was by mutual consent and would be effective as of April 1. The Macau Horse Racing Company, which runs MJC, has been experiencing financial difficulties since the pandemic. It asked the government to be freed from the contract last year.<\/p>\n
Cheong cited the \u201cimpossibility of aligning horse racing activities with the current developmental needs of society.\u201d<\/strong><\/p>\n\u201cConsidering that these activities have progressively lost their appeal to local residents and tourists in recent years, the government, after thorough research, decided to accept the application from the Macau Horse Race Company,\u201d he said Monday.<\/p>\n
The land presently occupied by the club, including the Taipa Racecourse, will be returned to the government, which has no plans to offer tenders for racing in the future.<\/p>\n