However, the steep drop in earnings come as Transmac and TCM make major investments in electric buses, which make up a growing portion of the city’s fleet.
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Belinda Bencic, Taylor Fritz and Frances Tiafoe are just some of the names appearing in the first MGM Macau Tennis Masters this December.
There were no significant increases in the total number of guests, average lengths of stay or the proportion of guests from long-haul destinations.
The five-day event brings together some of the world’s top players to compete for prize money in excess of 1.5 million patacas.
When complete, the 30,000-hectare facility in Mozambique’s Sofala province, will be powered by hydropower, solar energy, and wind energy.
UM Professor Glenn McCartney says if Macao wants to diversify its tourism offerings, it needs to import more talent.
Around 4,000 two-bedroom and three-bedroom units will be available to qualified buyers, with an estimated price of 33,480 patacas per square metre.
The launch of the Macao Centre for Research and Development in Advanced Materials has been described as a research milestone for the territory.
But activists say the government is not acting fast enough, or aggressively enough, to restrict the import of single-use plastics, given that the city generates more municipal waste than its neighbours.