Black Spade Capital, the family office of Lawrence Ho Yau-lung, has brought Hong Kong-based iRad Hospital to Macau, with a facility equipped with MRI and CT scan equipment in one of his hotels, to support the gaming hub’s bid to diversify its economy.
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The 15,000 sq ft facility at Studio City of Melco Resorts & Entertainment, one of six casino concessionaires in the gaming hub, makes it the world’s first integrated resort hospital with MRI and CT equipment. The hospital, which was formally launched on Monday, offers health screening, diagnostic imaging, aesthetic medicine, longevity treatments and medical concierge services.
“By launching the world’s first and Macau’s only hospital with MRI and CT facilities within an integrated resort, we strive to contribute to the advancement of medical tourism in Macau,” said Ho, Melco Resorts’ chairman and CEO, during the opening ceremony. “This project aligns with [Macau’s] ‘1+4’ economic diversification strategy, and we are thankful for the government’s support and guidance throughout the development process.”
The Macau government’s diversification plan, launched in 2023, aimed to boost the city as “one centre” for integrated tourism and leisure, with four nascent industries to be further developed to help the economy become more resilient.
Last year, casino revenues in Macau surged by about a quarter to around 227 billion patacas (US$28.3 billion), according to official data. The economy, meanwhile, expanded by 8.8 per cent to 403.3 billion patacas.
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