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Macau total smoking ban may pare casino revenue by up to 4.6 percent

Macau total smoking ban may pare casino revenue by up to 4.6 percent

The Health Bureau (SSM) says in a statement it estimates that the city’s gaming revenue would be reduced by up to 4.6 percent if a blanket ban on smoking in all gaming venues was implemented, adding that it had taken a preliminary assessment conducted by the Gaming Inspection and Co-ordination Bureau (DICJ) as a reference. […]
Macau visitors drop 1.7 percent last month

Macau visitors drop 1.7 percent last month

Macau’s number of visitor arrivals dropped 1.7 percent to 3.03 million year-on-year last month, the Statistics and Census Bureau (DSEC) announced on Wednesday. However, the number was up 14.5 percent from the previous month. The daily average of visitor arrivals stood at 101,103 in August. Same-day visitors amounted to 53 percent of the total, down […]
Macau government changes Studio City’s land lease to 4-star hotel

Macau government changes Studio City’s land lease to 4-star hotel

According to the Official Gazette (BO) on Wednesday, Secretary for Transport and Public Works Raimundo do Rosário has given the green light to MelcoCrown Entertainment’s (MCE) request to change the land-use purpose of Studio City in Cotai from its original 5-star to 4-star hotel status. The plot of land, which covers an area of 130,789 […]
Macau real estate developer arrested in the U.S.

Macau real estate developer arrested in the U.S.

Authorities in the U.S. arrested Macau real estate developer Ng Lap Seng on Saturday. Alongside his assistant, Jeff Yin, Mr Ng was charged with engaging in a two-year scheme to import over USD4.5 million into the United States under false pretenses. Reuters has reported that both man were informed of the accusations through a criminal […]
Macau Secretary for Economy and Finance meets gaming operators

Macau Secretary for Economy and Finance meets gaming operators

The Secretary for Economy and Finance, Lionel Leong, has exchanged views with gaming operators on how to maintain economic vitality, enhance Macau’s competitiveness, stabilize the job market and strengthen social responsibility in the sector. According to a statement from Mr Leong issued by the Government Information Bureau, the government has always been concerned with the […]
Macau currency to be used in Hengqin

Macau currency to be used in Hengqin

Mainland authorities are striving to draw up a preliminary scheme within the year that would allow local currency to be used in Hengqin before they move to seek approval from the Chinese central bank. This information was revealed by Hengqin New Area Administrative Committee director Niu Jing on the sidelines of a session exploring financial […]
Macau real estate developer arrested in the U.S.

Macau real estate developer arrested in the U.S.

Authorities in the U.S. arrested Macau real estate developer Ng Lap Seng on Saturday. Alongside his assistant, Jeff Yin, Mr Ng was charged with engaging in a two-year scheme to import over USD4.5 million into the United States under false pretenses. Reuters has reported that both man were informed of the accusations through a criminal […]
Macau Secretary for Economy and Finance vows to improve supervision of gaming industry

Macau Secretary for Economy and Finance vows to improve supervision of gaming industry

Secretary for Economy and Finance Lionel Leong Vai Tac said in a statement from Guangdong on Monday that the local government will continue looking into the case of a local VIP room employee suspected of embezzlement, pledging that the government will further improve its supervision of the city’s gaming sector considering its vital importance to […]
Macau Government Tourist Office chief says tourism sector worries about Golden Week

Macau Government Tourist Office chief says tourism sector worries about Golden Week

Macau Government Tourist Office (MGTO) Director Maria Helena de Senna Fernandes said on Monday that she could not yet say what the hotel booking situation for the upcoming Golden Week holiday is but the industry appeared to be worried. Senna Fernandes made the remark while speaking to reporters on the sidelines of the Ascott Macau […]
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