Galaxy Entertainment Group reports a 14 percent increase in net revenue, showcasing strong financial performance despite seasonal and weather-related challenges
Business
Nvidia CEO Jensen Huang said that China’s less stringent regulatory framework and lower energy costs give it an edge over the US in the battle for AI supremacy
Local lawmakers approved the new minimum wage law yesterday, increasing Macao’s minimum day and monthly pay rates to 280 patacas and 7,280 patacas
Preliminary data showed Macao’s third quarter gross domestic product at 103.86 billion patacas (US$12.97 billion). The result pushed year-to-date growth up to 4.2 percent
The first three quarters of the year saw a rise in hotel occupancy rates, even as inbound package tour numbers fell
The SAR’s casino industry generated 24.08 billion patacas (US$3.01 billion) last month, surpassing the record post-pandemic gaming revenue recorded in August
MGM China’s third-quarter results show significant financial growth, driven by strong performances at both its Macao and Cotai properties
The new facility is expected to start operation during the first half of 2027 and will process roughly 300,000 tons of air freight each year
Hong Kong’s ultra-wealthy population jumped 23 percent in 2025, ranking second globally as Asia leads the rise in global ultra-high-net-worth individuals