Forecasts jump as July gross gaming revenue hits post-pandemic high, with visa easing and concerts seen as key growth drivers
Business
Melco’s CEO made the comment at City of Dreams Sri Lanka’s grand opening in the Sri Lankan capital Colombo over the weekend
The casino hub’s gross gaming revenue for July also marks an increase of 1.06 billion patacas (US$131.21 billion) month-on-month
Officials say exports of services, growing visitor numbers and ‘steady domestic private consumption’ are behind the increase
Macao’s general and local unemployment rates remained the same as in the first quarter of 2025: 1.9 percent and 2.5 percent respectively
The Macao operator reported increases in visitation, revenue, and market share, achieving record adjusted earnings before interest, tax, depreciation, and amortisation
Drivers made over 5.3 million trips across the SAR demarcation line in the first half of 2025, slightly over half of which were outbound, the latest figures show
Jia Tianbing has been arrested as part of Beijing’s crackdown on corruption in finance, according to Chinese financial news outlet Caixin Global
The bank’s close ties to mainland Chinese banks and Hong Kong real estate weighed on its profit margins, which missed analysts’ predictions