Growth of Macau’s gross casino revenue slowed to 12.1% in May, compared to 27.6% in April and 22.2% in March, according to the Macau Gaming Inspection and Coordination Bureau.
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Secretary for Economy and Finance Lionel Leong Vai Tac said Thursday that Macau will further strengthen its partnership with Zhuhai to jointly strengthen the development of the Guangdong-Hong Kong-Macau Greater Bay Area (GBA).
The Legislative Assembly (AL) Thursday passed the outline of a government-initiated bill regulating the city’s finance leasing.
Businessman David Chow Kam Fai, co-chairman of Macau Legend Development and former member of the Legislative Assembly (AL), Wednesday urged the government to study the possibility of granting two additional gaming concessions after the expiration of the city’s three gaming concessions and three sub-concessions.
Macau’s 115 hotels and guesthouses recorded 4.5 million guests in the first four months of the year, a year-on-year increase of 8.8 percent, the Statistics and Census Bureau (DSEC) announced Wednesday.
Macau gross domestic product (GDP) in the first quarter of this year grew by 9.2 percent year-on-year in real terms, 1.2 percentage points higher than the 8.0 percent rise in the previous quarter, the Statistics and Census Bureau (DSEC) said Tuesday.
The temperature reached 35.8 degrees Celsius Tuesday, marking it the hottest day this year, and the hottest May since 1952, according to the Meteorological and Geophysical Bureau (SMG).
The court of first Appeal sentenced Sulu Sou to a fine of MOP 40,800 and Scott Chiang to a fine of MOP 27,600 today, according to Radio Macau. If Sou or Chiang do not pay the fines, they will be subject to spending 80 days in jail.
Chief Executive Chui Sai On called Monday for open-minded and innovative forms of cooperation between Macau and Beijing, particularly in terms of how to advance Macau’s participation in the central government’s Belt and Road Initiative (BRI) and in the development of the Guangdong-Hong Kong-Macau Greater Bay Area (GBA).