Macau SAR – EQS Newswire – February 23, 2024 – The inauguration The Greater Bay Area International Sports Business Summit officially kicked off today at the Galaxy International Convention Center (GICC) in Macau. The summit is co-hosted by Realeague, Lanxiong Sports and Macau Pass, organized by Modern Sports, sponsored by the Galaxy International Convention Center and supported by the Macau SAR Government Sports Bureau and the Trade and Commerce Promotion Institute. investments from Macau. As the first major sports business summit of the Year of the Dragon, the summit sets the stage for a long-awaited international sports business event, bringing together industry leaders from across the sports world to envision the future of sports business.


The summit was opened by Mr. Vincent U, representative of the Secretary for Economy and Finance of the Macau Special Administrative Region Government, President of the Macau Trade and Investment Promotion Institute, Mr. Wan Sucheng , Director of the Publicity and Culture Department of the Liaison Office of the Central People’s Government in the Macao SAR, Mr. Cui Jian, Head of the Guangdong Provincial Sports Bureau, Mr. Pun Weng Kun, Chairman of the Macau SAR Sports Bureau, Mr. Jay Li, Co-Chairman of the GBA International Sports Business Summit Organizing Committee, and Mr. Francis Lui, Vice President of Galaxy Entertainment Group.
Mr. Vincent U, Representative of the Secretary for Economy and Finance of the Government of the Macau Special Administrative Region, President of the Macao Trade and Investment Promotion Institute, said in his speech, “GBA International Sports Business Summit” is the first of its kind in Macau, aligning with the city’s strategy to promote MICE and the sports industry. Macau, as a hub for trade and economic cooperation services, together with its strong MICE facilities, can play an important role in achieving these excellent connections and collaborations. Macau welcomes the sports industry to seize the abundant business opportunities within the Guangdong-Hong Kong-Macao Greater Bay Area for future ventures. »
Mr. Philip Cheng, Director of Galaxy Entertainment Group said: “It is with great pleasure that we gather here at the GICC in Macau to support the summit, which exemplifies the cross-industry integration of “MICE + Sports”. It aligns perfectly with GEG’s philosophy of creating synergies between the culture, entertainment, sports and MICE sectors. Over the years, GEG has supported various major sporting events held in Macau. By contributing to various sporting events, combined with our top-notch facilities. and amenities, we are committed to promoting Macau as a “Sports City” and advancing Macao’s “1+4” adequate diversification development strategy.
“We are committed to nurturing and strategically growing this industry in Britain, which not only serves as a gateway to the vast Chinese market, but also fuels the economic growth of East Asia as a whole “, said Mr. Jay Li, Co-Chairman of the GBA International Sports Business Summit Organizing Committee. “Sport is about more than just competitions; it’s also about technology, media, marketing and, most importantly, it’s about people: the fans, the athletes and everyone in the behind the scenes. We created this summit to answer this call through our shared passion for sport.
Joe Tsai, chairman of Alibaba and owner of Brooklyn Nets


Renowned industry leaders including Yao Ming, President of the Chinese Basketball Association, Dwyane Wade, basketball legend and Hall of Famer, Li Ning, founder of the Li-Ning brand and Executive Chairman of Li-Ning Group, were invited to the summit to share their valuable knowledge and experience. The summit began with
Fireside Chat with Joe Tsai: “Love of Sports and the Measures of Success”, featuring Alibaba Chairman and Brooklyn Nets Owner Joe Tsai, hosted by CNBC Senior Correspondent Emily Tan. The following sessions were 3 round tables.
The first session,
“Panel: The Greater Bay Area: a booming international sports hub”featuring Kevin Kelley, COO of Galaxy Entertainment Group, Tenniel Chu, Vice President of Mission Hills Group, and Ismael Martinez Merchan, Head of Design (Kai Tak Sports Park) of Populous, was hosted by Li Shuangfu, co- founder and chairman of Lanxiong. Sports.
The second session,
“Panel: Reaching new people in new places and on new platforms”featuring EverPass Media Executive Chairman and Liberty Media Board Director Derek Chang, NBL Commissioner Jeremy Loeliger, Bundesliga Marketing Director Peer Naubert and Extreme E Head of Media Dave Gillet , was moderated by James Emmett, editor-in-chief. at-Large leaders.
The third session,
“Panel: Heritage and exploration: a diverse vision of Chinese sports”featuring Li Ning and Yao Ming, was hosted by Han Mu, founder and CEO of Lanxiong Sports.
Through these influential presentations and discussions, the two-day summit aims to provide participants with inspiration and ideas to drive development and innovation in the sports industry.
Hashtag: #GreaterBayAreaInternationalSportsBusinessSummit
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