Macau’s new leader Fernando Chui assumed power in Macau on Sunday, promising to slow economic growth and fight corruption, the Wall Street Journal reported. Macau’s economy swooned briefly when the mainland decided to cap visitors to the gambling mecca, but the caps appear to have been lifted and Macau’s economy has recovered. Gambling revenues rose 2.3% year-on-year in the first 10 months of the 2009, posting US$12.09 billion, including a record US$1.59 billion in monthly revenue in October. At present, gambling receipts produce 75% of Macanese government revenue, but Beijing wants Macau to seek slower growth based on a more diverse mixture of industries. Macau’s government has therefore stated it is considering limiting the number of gambling tables in the city and raising the age limit from 18 to 21 years old. While Chui is also tasked with tackling Macau’s serious problem with corruption, one of his first decisions was to release Fatima Choi, head of Macau’s audit commission, from service. Choi was responsible for revealing major cost overruns at this year’s East Asia Games, and the decision appeared unpopular in Macau.