Analysts say the government has failed to accurately forecast GGR in nine out of the last ten years, with discrepancies as high as 60 percent
Business
Bargain hunters may be taking advantage of a significant fall in overall residential property prices per square metre
Officials accuse the company of multiple ‘contractual violations’ over the failed development of a resort and casino complex
Local restaurant operators have also faced challenges, with receipts in September plummeting by nearly 9.5 percent compared to the month before
Economic output is now more than 86 percent of the level recorded in the same period in pre-pandemic 2019
A total of 1,289 properties and parking spaces were purchased and sold between July and September – down by 18.1 percent compared with the second quarter
Visitor arrivals and hotel occupancy are expected to stay strong in the coming months, although experts express concern about the incoming Trump presidency
A more modest rise of 1.6 percent overall was seen for the quarter, with the Novos Aterros da Areia Preta district experiencing a bigger quarterly jump of 2 percent
The SAR’s economy and casino industry are expected to continue growing in the coming year, with GGR showing 11 percent growth according to official estimates