Mass market baccarat ended 2016 with an increase in gross revenue while the mainstay of Macau casinos, VIP baccarat, saw a year on year decline, according to figures released by the region’s Gaming Inspection and Coordination Bureau (DICJ).
Day: January 18, 2017
Secretary for Economy and Finance Lionel Leong Vai Tac said on Tuesday that the gaming tax rate was not the only factor in determining the local gaming industry’s competitiveness.
Leong made the remarks on the sidelines of a press conference at the Macau Chamber of Commerce about local gaming operators’ procurement partnerships with small- and medium-sized enterprises (SMEs).
Lawmakers passed on Tuesday a motion by lawmaker-cum-unionist Jose Pereira Coutinho to express the legislature’s deep sorrow over the demise of former Portuguese president Mário Soares who passed away in Lisbon on January 7, aged 92.